Golconda Gold Ltd. (CVE:GG – Get Free Report) shot up 25.9% during trading on Monday . The company traded as high as C$2.87 and last traded at C$2.87. 101,201 shares were traded during mid-day trading, an increase of 0% from the average session volume of 101,039 shares. The stock had previously closed at C$2.28.
Golconda Gold Stock Up 22.4%
The company has a current ratio of 1.09, a quick ratio of 0.20 and a debt-to-equity ratio of 5.90. The firm has a market cap of C$199.21 million, a PE ratio of 21.46 and a beta of 4.41. The company’s 50 day moving average price is C$2.59 and its two-hundred day moving average price is C$2.66.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd. in October 2022. The company is headquartered in Toronto, Canada.
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