Canadian Gold (CVE:CGC) Stock Price Up 3.3% – Here’s What Happened

Canadian Gold Corp. (CVE:CGC)’s share price traded up 3.3% on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. 26,000 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 66,786 shares. The stock had previously closed at C$0.15.

Canadian Gold Price Performance

The company has a current ratio of 6.37, a quick ratio of 0.49 and a debt-to-equity ratio of 0.07. The firm’s 50-day moving average price is C$0.17 and its 200-day moving average price is C$0.16. The stock has a market capitalization of C$27.80 million, a PE ratio of -5.00 and a beta of 1.66.

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.