Canagold Resources Ltd. (TSE:CCM – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.54 and traded as low as C$0.53. Canagold Resources shares last traded at C$0.58, with a volume of 31,430 shares changing hands.
Canagold Resources Price Performance
The company has a debt-to-equity ratio of 0.22, a current ratio of 3.95 and a quick ratio of 0.61. The firm has a market cap of C$124.09 million, a PE ratio of -58.00 and a beta of 0.71. The firm has a 50-day simple moving average of C$0.54 and a 200 day simple moving average of C$0.54.
About Canagold Resources
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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