Central African Gold Inc. (BANC.V) (CVE:BANC) Stock Price Up 8.5% – Should You Buy?

Central African Gold Inc. (BANC.V) (CVE:BANC)’s stock price traded up 8.5% during trading on Tuesday . The stock traded as high as C$0.32 and last traded at C$0.32. 80,972 shares changed hands during mid-day trading, an increase of 230% from the average session volume of 24,545 shares. The stock had previously closed at C$0.30.

Central African Gold Inc. (BANC.V) Trading Up 8.5%

The company has a market capitalization of C$11.23 million and a P/E ratio of -0.91. The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.01 and a current ratio of 0.01. The stock has a fifty day moving average of C$0.32 and a 200 day moving average of C$0.32.

About Central African Gold Inc. (BANC.V)

Bankers Cobalt Corp., a natural resource company, engages in the acquisition, exploration, development, and operation of cobalt and copper mineral projects in the Democratic Republic of Congo and Namibia. The company explores for nickel, gold, platinum, and palladium deposits. It holds 100% interest in six concessions located in Namibia. The company is based in Vancouver, Canada.