Canagold Resources Ltd. (TSE:CCM – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.56 and traded as low as C$0.52. Canagold Resources shares last traded at C$0.52, with a volume of 10,270 shares trading hands.
Canagold Resources Price Performance
The firm has a market cap of C$111.25 million, a price-to-earnings ratio of -52.00 and a beta of 0.74. The company has a current ratio of 3.95, a quick ratio of 0.61 and a debt-to-equity ratio of 0.22. The stock’s fifty day moving average price is C$0.53 and its 200-day moving average price is C$0.56.
Canagold Resources Company Profile
Canagold owns a portfolio of Gold and Silver projects located in North America. The company’s flagship asset is New Polaris – an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status. CanaGold is managed by an experienced team with a strong track record of exploration, development and finance.
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