Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price fell 10% on Friday . The company traded as low as C$0.25 and last traded at C$0.27. 112,498 shares traded hands during trading, an increase of 361% from the average session volume of 24,400 shares. The stock had previously closed at C$0.30.
Golconda Gold Stock Performance
The business has a fifty day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.28. The company has a debt-to-equity ratio of 16.35, a current ratio of 0.33 and a quick ratio of 0.20. The company has a market cap of C$17.82 million, a PE ratio of -6.25 and a beta of 2.80.
About Golconda Gold
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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