Amarillo Gold (CVE:AGC) Stock Price Up 2.4% – Still a Buy?

Amarillo Gold Co. (CVE:AGCGet Free Report) traded up 2.4% during mid-day trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.44. 567,397 shares were traded during trading, an increase of 70% from the average session volume of 333,230 shares. The stock had previously closed at C$0.43.

Amarillo Gold Stock Up 2.4 %

The firm has a market cap of C$167.94 million and a price-to-earnings ratio of -33.46. The business’s 50-day moving average is C$0.43 and its 200-day moving average is C$0.44. The company has a debt-to-equity ratio of 3.40, a quick ratio of 11.06 and a current ratio of 11.17.

About Amarillo Gold

(Get Free Report)

Amarillo Gold Corporation, a gold exploration company, engages in the acquisition and exploration of mineral properties, primarily in Brazil. The company's flagship property is the Mara Rosa project that comprises an area of 6,940 hectares of exploration tenements; and mining concessions, which cover an area totaling 2,553 hectares located near the village of Mara Rosa in the State of Goias.

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