Revelo Resources (CVE:RVL) Trading Up 14.3%

Revelo Resources Corp (CVE:RVL) shares were up 14.3% on Friday . The stock traded as high as C$0.12 and last traded at C$0.12, approximately 74,500 shares were traded during mid-day trading. An increase of 26% from the average daily volume of 59,074 shares. The stock had previously closed at C$0.11.

The company has a current ratio of 0.77, a quick ratio of 0.67 and a debt-to-equity ratio of 25.05. The firm has a market capitalization of $1.67 million and a PE ratio of 4.29. The firm has a 50-day moving average of C$0.10 and a two-hundred day moving average of C$0.05.

About Revelo Resources (CVE:RVL)

Revelo Resources Corp. acquires and explores for mineral properties in Chile. The company primarily explores for copper, gold, and silver deposits. It has a portfolio of 26 projects covering approximately 204,000 hectares located along proven mineral belts in northern Chile. The company was formerly known as Iron Creek Capital Corp.

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