China Gold International Resources (TSE:CGG) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

China Gold International Resources Corp. Ltd. (TSE:CGG)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$28.44 and traded as low as C$26.70. China Gold International Resources shares last traded at C$26.79, with a volume of 60,946 shares traded.

China Gold International Resources Price Performance

The company has a current ratio of 2.03, a quick ratio of 0.61 and a debt-to-equity ratio of 26.86. The company has a market capitalization of C$10.62 billion, a P/E ratio of 25.98 and a beta of 1.78. The company has a 50 day moving average price of C$33.17 and a 200 day moving average price of C$28.44.

About China Gold International Resources

China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The Company’s objective is to build shareholder value through growing production at its current mining operations, expanding its resource base, and acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKE X: 2099).