Canadian Gold (CVE:CGC) Trading Up 3.3% – What’s Next?

Canadian Gold Corp. (CVE:CGC) was up 3.3% on Thursday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 900 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 65,025 shares. The stock had previously closed at C$0.15.

Canadian Gold Stock Up 3.3 %

The company has a market cap of C$28.73 million, a P/E ratio of -5.17 and a beta of 1.66. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.37 and a quick ratio of 0.49. The stock has a fifty day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16.

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.