Shares of Contact Gold Corp. (CVE:C – Get Free Report) rose 66.7% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 15,756,219 shares changed hands during trading, an increase of 1,564% from the average daily volume of 946,894 shares. The stock had previously closed at C$0.02.
Contact Gold Price Performance
The stock has a market cap of C$8.81 million, a P/E ratio of -2.50 and a beta of 0.79. The firm has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.17 and a current ratio of 1.40.
Contact Gold Company Profile
Contact Gold Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It principally holds interests in the Green Springs Property that comprises 261 unpatented mining claims covering approximately 18 square kilometers located in White Pine County, Nevada; and the Pony Creek Property, which includes 792 unpatented mining claims covering approximately 82 square kilometers situated in Elko County, Nevada.
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