EnGold Mines (CVE:EGM) Reaches New 52-Week High – Should You Buy?

EnGold Mines Ltd. (CVE:EGMGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 30585 shares changing hands. The stock had previously closed at C$0.07.

EnGold Mines Stock Performance

The firm has a market cap of C$3.96 million, a price-to-earnings ratio of -9.00 and a beta of 0.41. The firm’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.06. The company has a debt-to-equity ratio of 29.40, a quick ratio of 0.11 and a current ratio of 0.01.

EnGold Mines Company Profile

(Get Free Report)

EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd. in May 2016. EnGold Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.

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