China Gold International Resources Corp. Ltd. (TSE:CGG – Get Free Report) dropped 3% during mid-day trading on Friday. The stock traded as low as C$29.45 and last traded at C$29.58. Approximately 62,604 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 86,316 shares. The stock had previously closed at C$30.51.
China Gold International Resources Stock Down 3.0%
The firm’s 50-day moving average price is C$38.28 and its 200 day moving average price is C$32.95. The firm has a market capitalization of C$11.73 billion, a price-to-earnings ratio of 15.15 and a beta of 2.27. The company has a debt-to-equity ratio of 18.14, a current ratio of 3.17 and a quick ratio of 0.61.
China Gold International Resources Company Profile
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).
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