Shares of GFG Resources Inc (CVE:GFG – Get Free Report) traded up 2.2% during mid-day trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. 109,210 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 218,451 shares. The stock had previously closed at C$0.23.
GFG Resources Trading Up 2.2%
The company has a 50 day moving average of C$0.23 and a 200-day moving average of C$0.20. The stock has a market cap of C$69.97 million, a price-to-earnings ratio of 15.00 and a beta of -0.47. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.98 and a current ratio of 4.14.
About GFG Resources
GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.
Further Reading
- Five stocks we like better than GFG Resources
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for GFG Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GFG Resources and related companies with MarketBeat.com's FREE daily email newsletter.
