Canagold Resources (TSE:CCM) Stock Price Crosses Below Fifty Day Moving Average of $0.24

Shares of Canagold Resources Ltd. (TSE:CCM) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.24 and traded as low as C$0.24. Canagold Resources shares last traded at C$0.24, with a volume of 47,287 shares traded.

Canagold Resources Trading Down 4.0 %

The stock has a market capitalization of C$41.66 million, a P/E ratio of -8.00 and a beta of 0.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.61 and a current ratio of 9.81. The stock has a 50-day moving average price of C$0.24 and a two-hundred day moving average price of C$0.22.

Canagold Resources (TSE:CCM) last released its earnings results on Monday, April 1st. The mining company reported C($0.01) EPS for the quarter.

Canagold Resources Company Profile

Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and copper deposits. Its flagship property is its 100% interest in the New Polaris gold mine project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley.