Warrior Gold (CVE:WAR) Trading 300% Higher – What’s Next?

Warrior Gold Inc. (CVE:WARGet Free Report) rose 300% during mid-day trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.18. Approximately 4,250 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 60,840 shares. The stock had previously closed at C$0.05.

Warrior Gold Stock Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market cap of C$21.44 million, a price-to-earnings ratio of -18.00 and a beta of 0.49. The firm’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.10.

About Warrior Gold

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Warrior Gold Inc engages in the acquisition and exploration of mineral resource properties in Canada. The company primarily explores for gold deposits. It holds a 100% interest in its principal project the Goodfish-Kirana property comprising 29 patented claims with 233 operational cells covering an area of 4,251.54 hectares located in Kirkland Lake, Ontario.

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