Golconda Gold Ltd. (CVE:GG – Get Free Report)’s stock price fell 2.4% during trading on Monday . The stock traded as low as C$1.58 and last traded at C$1.62. 253,551 shares changed hands during mid-day trading, an increase of 104% from the average session volume of 124,259 shares. The stock had previously closed at C$1.66.
Golconda Gold Stock Performance
The company has a debt-to-equity ratio of 15.32, a current ratio of 0.31 and a quick ratio of 0.20. The stock has a market cap of C$116.38 million, a price-to-earnings ratio of 32.40 and a beta of 3.41. The firm has a fifty day moving average of C$1.06 and a 200 day moving average of C$0.64.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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