Canadian Gold (CVE:CGC) Trading Down 5.6%

Canadian Gold Corp. (CVE:CGC)’s share price was down 5.6% during trading on Monday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 108,616 shares were traded during mid-day trading, an increase of 20% from the average daily volume of 90,523 shares. The stock had previously closed at C$0.18.

Canadian Gold Stock Down 5.6 %

The company has a debt-to-equity ratio of 0.07, a current ratio of 3.09 and a quick ratio of 0.49. The stock has a market capitalization of C$29.84 million, a P/E ratio of -16.50 and a beta of 1.78. The firm has a 50-day simple moving average of C$0.17 and a 200 day simple moving average of C$0.16.

About Canadian Gold

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.