Berkwood Resources Ltd (CVE:BKR)’s share price shot up 37.5% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 430,400 shares were traded during trading, an increase of 258% from the average session volume of 120,365 shares. The stock had previously closed at C$0.04.
The firm has a 50-day simple moving average of C$0.05. The company has a market capitalization of $2.64 million and a price-to-earnings ratio of -0.98.
Berkwood Resources (CVE:BKR) last posted its quarterly earnings data on Monday, June 17th. The company reported C($0.01) earnings per share for the quarter.
Berkwood Resources Ltd. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company holds 100% interests in the Cobalt Fold property, which include 40 claims covering an area of 2,176.19 hectares located in the Côte-Nord area of Quebec; and the Roscoe Vanadium project consisting 40 claims covering approximately 2,189.19 hectares located in Cote-Nord area, Quebec.
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