Canagold Resources (TSE:CCM) Hits New 12-Month High at $0.31

Canagold Resources Ltd. (TSE:CCM) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.31 and last traded at C$0.31, with a volume of 4500 shares traded. The stock had previously closed at C$0.30.

Canagold Resources Price Performance

The company has a current ratio of 3.71, a quick ratio of 0.61 and a debt-to-equity ratio of 0.58. The company has a market capitalization of C$53.22 million, a P/E ratio of -14.75 and a beta of 0.84. The business’s fifty day moving average price is C$0.28 and its 200-day moving average price is C$0.25.

About Canagold Resources

Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake.