Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price was up 3.3% during trading on Wednesday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 500 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 40,544 shares. The stock had previously closed at C$0.30.
Golconda Gold Trading Up 3.3 %
The stock has a market cap of C$22.09 million, a P/E ratio of -7.75 and a beta of 2.80. The company has a 50-day moving average price of C$0.30 and a two-hundred day moving average price of C$0.28. The company has a current ratio of 0.33, a quick ratio of 0.20 and a debt-to-equity ratio of 16.35.
About Golconda Gold
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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