The GoldHaven Resources (OTCMKTS:GHVNF) stock has been in the middle of a pretty volatile period over the course of the past week and it may now be a good move for investors to look into it a bit more closely.
Trading Data
On Friday, GHVNF stock decreased 20.62% to $0.3404 with more than 181k shares, compared to its average volume of 81k shares. The stock has moved within a range of $0.2800 – 0.3800 after opening trade at $0.28.
Announces Strong Treasury, Positioning to Meet 2022 Goals
The company, which is involved in precious metals exploration, was in the middle of a strong selloff on Friday and ended up declining by 21%. However, at the same time, it should be noted that the stock is up by as much as 43% over the course of the past week. In this situation, it is important for investors to figure out whether the GoldHaven stock is going to continue to slide this week or if it could make a strong recovery.
This past Friday, the stock had come into sharp focus among investors after it announced that all the warrants worth $0.35 had been exercised or expired. The update had been provided by the company for the period up until December 3, 2021. In addition to that, GoldHaven Resources also announced that the value of its treasury now stood at as much as $3 million. It might now be a good idea for investors to keep an eye on the GoldHaven stock.
Technical Data
GHVNF stock is trading below the 20-Day and 50-Day Moving averages of $0.3497 and $0.3737 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.3778. The stock is down 10% in the past month.
