China Gold International Resources (TSE:CGG) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$16.32 and traded as high as C$25.26. China Gold International Resources shares last traded at C$24.93, with a volume of 28,853 shares changing hands.

China Gold International Resources Trading Down 0.2%

The business has a 50 day simple moving average of C$23.88 and a 200-day simple moving average of C$16.32. The stock has a market capitalization of C$9.88 billion, a price-to-earnings ratio of 33.54 and a beta of 1.98. 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

(Get Free Report)

China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company’s revenue is derived from gold mining, a significant portion of sales still result from copper production.

Featured Articles

Receive News & Ratings for China Gold International Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Gold International Resources and related companies with MarketBeat.com's FREE daily email newsletter.