China Gold International Resources (TSE:CGG) Hits New 12-Month High – Still a Buy?

China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$9.84 and last traded at C$9.88, with a volume of 15802 shares trading hands. The stock had previously closed at C$9.90.

China Gold International Resources Price Performance

The firm has a market capitalization of C$2.75 billion, a PE ratio of -122.49 and a beta of 1.85. The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.61 and a current ratio of 1.68. The business’s 50 day moving average is C$8.55 and its two-hundred day moving average is C$7.21.

China Gold International Resources Company Profile

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China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.

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