Canagold Resources Ltd. (TSE:CCM – Get Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.21 and traded as high as C$0.24. Canagold Resources shares last traded at C$0.23, with a volume of 105,070 shares traded.
Canagold Resources Stock Performance
The firm has a market capitalization of C$37.89 million, a price-to-earnings ratio of -8.00 and a beta of 0.85. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.24 and a quick ratio of 0.61. The firm has a 50 day moving average price of C$0.21 and a 200-day moving average price of C$0.21.
Canagold Resources Company Profile
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and copper deposits. Its flagship property is its 100% interest in the New Polaris gold mine project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley.
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