China Gold International Resources (TSE:CGG) Posts Quarterly Earnings Results

China Gold International Resources (TSE:CGG) announced its quarterly earnings results on Friday. The company reported C$0.59 earnings per share (EPS) for the quarter, RTT News reports. China Gold International Resources had a net margin of 35.51% and a return on equity of 22.42%. During the same quarter last year, the firm posted $0.21 EPS.

China Gold International Resources Price Performance

Shares of China Gold International Resources stock traded down C$1.91 during midday trading on Friday, hitting C$27.81. 84,268 shares of the company traded hands, compared to its average volume of 97,136. The stock has a market cap of C$11.02 billion, a price-to-earnings ratio of 23.61 and a beta of 2.01. The company has a debt-to-equity ratio of 23.71, a quick ratio of 0.61 and a current ratio of 2.25. The firm’s fifty day moving average price is C$29.60 and its 200-day moving average price is C$29.90. China Gold International Resources has a 12 month low of C$8.91 and a 12 month high of C$43.93.

About China Gold International Resources

China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The Company’s objective is to build shareholder value through growing production at its current mining operations, expanding its resource base, and acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKE X: 2099).