Canadian Gold (CVE:CGC) Reaches New 1-Year Low at $0.13

Canadian Gold Corp. (CVE:CGC)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 85700 shares changing hands. The stock had previously closed at C$0.14.

Canadian Gold Price Performance

The firm has a market capitalization of C$22.65 million, a P/E ratio of -6.50 and a beta of 1.81. The stock’s 50 day simple moving average is C$0.15 and its 200 day simple moving average is C$0.16. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.49 and a current ratio of 5.18.

Canadian Gold Company Profile

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.