Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price fell 7.1% on Monday . The company traded as low as C$0.65 and last traded at C$0.65. 68,000 shares were traded during mid-day trading, an increase of 9% from the average session volume of 62,504 shares. The stock had previously closed at C$0.70.
Golconda Gold Trading Down 7.1%
The company has a current ratio of 0.31, a quick ratio of 0.20 and a debt-to-equity ratio of 15.32. The stock has a market capitalization of C$32.84 million, a P/E ratio of -12.56 and a beta of 2.80. The business’s fifty day simple moving average is C$0.46 and its two-hundred day simple moving average is C$0.35.
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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