Golconda Gold Ltd. (CVE:GG – Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.29 and traded as low as C$0.29. Golconda Gold shares last traded at C$0.29, with a volume of 20,000 shares trading hands.
Golconda Gold Stock Performance
The company has a debt-to-equity ratio of 16.35, a quick ratio of 0.20 and a current ratio of 0.33. The stock’s fifty day moving average is C$0.29 and its two-hundred day moving average is C$0.29. The firm has a market capitalization of C$20.67 million, a price-to-earnings ratio of -7.25 and a beta of 2.80.
About Golconda Gold
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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