Canagold Resources Ltd. (TSE:CCM – Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as C$0.35 and last traded at C$0.35, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.34.
Canagold Resources Stock Performance
The firm has a market capitalization of C$57.59 million, a PE ratio of -16.75 and a beta of 0.84. The company has a current ratio of 3.71, a quick ratio of 0.61 and a debt-to-equity ratio of 0.58. The business’s 50 day simple moving average is C$0.30 and its two-hundred day simple moving average is C$0.26.
About Canagold Resources
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris 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; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake.
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