China Gold International Resources (TSE:CGG) Hits New 1-Year High – Should You Buy?

Shares of China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report) reached a new 52-week high during trading on Friday . The company traded as high as C$48.88 and last traded at C$48.19, with a volume of 24279 shares. The stock had previously closed at C$45.40.

China Gold International Resources Price Performance

The company has a debt-to-equity ratio of 18.14, a quick ratio of 0.61 and a current ratio of 3.17. The company has a market capitalization of C$18.92 billion, a P/E ratio of 24.44 and a beta of 1.88. The firm’s fifty day moving average is C$31.30 and its 200 day moving average is C$30.31.

China Gold International Resources Company Profile

(Get Free Report)

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).

Further Reading

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