Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price fell 10% during trading on Friday . The stock traded as low as C$0.25 and last traded at C$0.27. 112,498 shares were traded during mid-day trading, an increase of 361% from the average session volume of 24,400 shares. The stock had previously closed at C$0.30.
Golconda Gold Stock Down 7.4 %
The firm has a 50-day moving average price of C$0.30 and a 200 day moving average price of C$0.28. The company has a debt-to-equity ratio of 16.35, a current ratio of 0.33 and a quick ratio of 0.20. The company has a market cap of C$17.82 million, a price-to-earnings ratio of -6.25 and a beta of 2.80.
Golconda Gold Company Profile
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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