OTCEquity is a premier site for updated news and financial information regarding penny stocks and small cap companies. We offer a free newsletter, articles about penny stock trading, otc bulletin board analytical data and original news stories about the penny stock companies you are interested in.

Volta Resources Inc. (TSX: VTR.TO) Continuing to Advance Kiaka Gold Project in West Africa but Share Price Remains Flat

Posted on June 12, 2012 by OTC Equity

It's been a difficult year for long-time shareholders of Volta Resources Inc. (TSX: VTR.TO) as the mineral exploration company primarily focused on becoming a leader in the identification, acquisition and exploration of gold properties in West Africa, has seen their share price drop from a 52-week high of 2.13 back in July down to a low of 0.45 last month. While VTR.TO has shown some life as of late, hitting 0.87 two weeks after that low, the slide that has followed has been disconcerting to say the least. On Tuesday shares opened at 0.82 but quickly tumbled to a low of 0.65 and are currently moving around the 0.70 level, well below their 50-day moving average of 0.80 and their 200-day moving average of 1.11. Unfortunately for VTR.TO it doesn't appear as if investors have found much optimism in the company's announcement on Tuesday regarding the next round of results fro...

To read the complete article sign up below; registration is free, you will only be asked to provide a valid email.

If you are not a registered user, registration is quick and easy - simply enter your email below and you are registered to view OTCEquity's Exclusive content. Your registration and membership is FREE, so register below now.