GFG Resources Inc (CVE:GFG – Get Free Report)’s share price rose 2.2% during trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 109,210 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 218,451 shares. The stock had previously closed at C$0.23.
GFG Resources Stock Up 2.2%
The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.98 and a current ratio of 4.14. The firm has a market cap of C$69.97 million, a price-to-earnings ratio of 15.00 and a beta of -0.47. The business’s 50 day moving average price is C$0.23 and its 200 day moving average price is C$0.20.
About GFG Resources
GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.
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