Canadian Gold (CVE:CGC) Trading Down 2.7%

Canadian Gold Corp. (CVE:CGC)’s share price was down 2.7% during trading on Tuesday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 34,500 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 71,265 shares. The stock had previously closed at C$0.19.

Canadian Gold Stock Down 2.7 %

The company has a current ratio of 6.37, a quick ratio of 0.49 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.17. The firm has a market cap of C$33.36 million, a P/E ratio of -6.00 and a beta of 1.66.

Canadian Gold Company Profile

Canadian Gold Corp. engages in the exploration and development of mineral properties in Canada. Its principal project is the Tartan Lake gold mine project that consists of 20 mineral claims covering an area of approximately 2,670 hectares located northeast of the town of Flin Flon, Manitoba, Canada. The company was formerly known as Satori Resources Inc and changed its name to Canadian Gold Corp.