Century Global Commodities (TSE:CNT) Share Price Passes Below 50-Day Moving Average – What’s Next?

Century Global Commodities Co. (TSE:CNTGet Free Report)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.04, with a volume of 29,000 shares.

Century Global Commodities Trading Up 33.3 %

The firm has a market cap of C$4.73 million, a price-to-earnings ratio of -1.75 and a beta of 0.74. The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a quick ratio of 3.86, a current ratio of 2.67 and a debt-to-equity ratio of 0.98.

About Century Global Commodities

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Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.

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