Terraco Gold (CVE:TEN) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Terraco Gold Corp (CVE:TENGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares traded.

Terraco Gold Price Performance

The company has a debt-to-equity ratio of 43.73, a current ratio of 0.21 and a quick ratio of 0.16. The firm has a market capitalization of C$26.44 million and a PE ratio of -6.90. The business’s 50 day moving average is C$0.14 and its two-hundred day moving average is C$0.14.

About Terraco Gold

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Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho.

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