Canadian Orebodies (CVE:CORE) Stock Price Up 13%

Canadian Orebodies Inc. (CVE:CORE)’s share price was up 13% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13, approximately 110,000 shares changed hands during mid-day trading. An increase of 175% from the average daily volume of 39,937 shares. The stock had previously closed at C$0.12.

The company has a 50-day simple moving average of C$0.18 and a 200 day simple moving average of C$0.26. The firm has a market cap of $7.28 million and a PE ratio of -2.60.

About Canadian Orebodies (CVE:CORE)

Canadian Orebodies Inc engages in the exploration and development of mineral properties in Canada. It explores for iron, gold, zinc, and other deposits. The company holds 100% interests in the Hemlo North Limb project that includes 135 claim units comprising 2,160 hectares; and staked claims of 303 units totaling 4,848 hectares, which is located to the northeast of Marathon, Ontario.

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