EnGold Mines (CVE:EGM) Trading 21.4% Higher – Still a Buy?

Shares of EnGold Mines Ltd. (CVE:EGMGet Free Report) shot up 21.4% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. 148,638 shares were traded during mid-day trading, an increase of 390% from the average daily volume of 30,308 shares. The stock had previously closed at C$0.07.

EnGold Mines Price Performance

The stock has a market capitalization of C$3.52 million, a price-to-earnings ratio of -8.50 and a beta of 0.41. The company has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 29.40, a quick ratio of 0.11 and a current ratio of 0.01.

About EnGold Mines

(Get Free Report)

EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd. in May 2016. EnGold Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.

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