GFG Resources (CVE:GFG) Shares Down 4.5%

Shares of GFG Resources Inc (CVE:GFGGet Free Report) were down 4.5% during trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 36,000 shares were traded during trading, a decline of 57% from the average daily volume of 83,428 shares. The stock had previously closed at C$0.11.

GFG Resources Stock Performance

The firm’s fifty day simple moving average is C$0.11 and its 200 day simple moving average is C$0.12. The company has a market capitalization of C$21.99 million, a price-to-earnings ratio of -10.50 and a beta of 2.07. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.79 and a quick ratio of 2.98.

GFG Resources Company Profile

(Get Free Report)

GFG Resources Inc, an exploration company, engages in the acquisition and exploration of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds 100% interests in the Goldarm Property, Pen gold, and Dore gold projects located in Ontario; and the Rattlesnake Hills gold project situated in Natrona County, Wyoming.

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