Core Gold Inc (CVE:CGLD – Get Free Report) dropped 3% during mid-day trading on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 44,699 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 394,493 shares. The stock had previously closed at C$0.17.
Core Gold Price Performance
The company has a market capitalization of C$26.70 million and a P/E ratio of -7.62. The company’s 50-day simple moving average is C$0.16 and its 200 day simple moving average is C$0.16. The company has a quick ratio of 0.00, a current ratio of 0.30 and a debt-to-equity ratio of 210.57.
Core Gold Company Profile
Core Gold Inc engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador. The company primarily explores for gold, copper, and silver deposits. Its flagship asset is the 100% owned Dynasty District, a 50,000 hectare land package, which includes five production and exploration targets.
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