Claude Resources (NYSE:CGR) is one of today's best performing penny stocks, up 6.8% to $0.60 on 2.1x average daily volume. Claude Resources has traded 646,000 shares thus far today, vs. average volume of 302,000 shares per day. The stock has outperformed the Dow (7.7% to the Dow's -0.1%) and outperformed the S&P 500 (7.7% to the S&P's -0.1%) during today's trading.
There is potential upside of 114.3% for shares of Claude Resources based on a current price of $0.60 and an average consensus analyst price target of $1.29. Claude Resources shares should encounter resistance at the 200-day moving average (MA) of $0.71 and support at the 50-day MA of $0.59.
Claude Resources, Inc. is a resource company that explores for and develops gold, oil, and gas properties. The Company operates in Canada.
Claude Resources share prices have moved between a 52-week high of $1.53 and a 52-week low of $0.50 and are now trading 21% above that low price at $0.60 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has slid 1.2%.