Shares of GFG Resources Inc (CVE:GFG – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$0.22 and last traded at C$0.22, with a volume of 39325 shares trading hands. The stock had previously closed at C$0.22.
GFG Resources Price Performance
The firm has a market capitalization of C$66.93 million, a price-to-earnings ratio of 15.00 and a beta of -0.29. The company has a fifty day moving average price of C$0.18 and a two-hundred day moving average price of C$0.16. The company has a quick ratio of 2.98, a current ratio of 4.14 and a debt-to-equity ratio of 0.29.
GFG Resources Company Profile
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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