Terraco Gold (CVE:TEN) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Terraco Gold Corp (CVE:TEN) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares trading hands.

Terraco Gold Price Performance

The company has a debt-to-equity ratio of 43.73, a quick ratio of 0.16 and a current ratio of 0.21. The company has a 50-day moving average price of C$0.14 and a 200-day moving average price of C$0.14. The firm has a market capitalization of C$26.44 million and a P/E ratio of -6.90.

About Terraco Gold

Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho. The company also has royalty interests in the Spring Valley gold project and the Moonlight Project located in Pershing County, Nevada.