China Gold International Resources (TSE:CGG) Shares Pass Above 200-Day Moving Average – Time to Sell?

China Gold International Resources Corp. Ltd. (TSE:CGG) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.07 and traded as high as C$8.85. China Gold International Resources shares last traded at C$8.75, with a volume of 6,758 shares changing hands.

China Gold International Resources Price Performance

The stock has a fifty day moving average price of C$8.28 and a 200-day moving average price of C$7.08. The company has a market cap of C$2.43 billion, a PE ratio of -108.37 and a beta of 1.85. The company has a debt-to-equity ratio of 46.97, a current ratio of 1.68 and a quick ratio of 0.61.

China Gold International Resources Company Profile

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.