Eastfield Resources (CVE:ETF) Sets New 52-Week Low – Time to Sell?

Shares of Eastfield Resources Ltd. (CVE:ETF) hit a new 52-week low during trading on Thursday . The company traded as low as 0.02 and last traded at 0.03, with a volume of 67829 shares changing hands. The stock had previously closed at 0.03.

Eastfield Resources Price Performance

The firm has a market capitalization of $1.39 million, a PE ratio of -2.50 and a beta of 1.73. The stock’s fifty day simple moving average is 0.03 and its 200 day simple moving average is 0.03.

Eastfield Resources Company Profile

Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for gold, copper, nickel, silver, molybdenum, cobalt, and platinum group metals. The company holds 100% interests in the Zymo property that consists of 33 claims and fractions covering an area of approximately 9,195 hectares located in Smithers town, British Columbia; the Iron Lake property, which comprise 21 claims covering an area of approximately 8,035 hectares; and the Hedge Hog property consists of 8 mineral tenures covering an area of approximately 2,785 hectares located in Cariboo Mining division, British Columbia.