Century Global Commodities (TSE:CNT) Reaches New 12-Month High – Should You Buy?

Century Global Commodities Co. (TSE:CNT)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.11, with a volume of 484040 shares. The stock had previously closed at C$0.07.

Century Global Commodities Trading Up 92.3%

The company has a current ratio of 2.75, a quick ratio of 3.85 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$14.78 million, a P/E ratio of -12.50 and a beta of -0.80.

Century Global Commodities (TSE:CNT) last issued its earnings results on Friday, June 26th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$3.11 million during the quarter. Century Global Commodities had a negative net margin of 5.29% and a negative return on equity of 4.38%.

Century Global Commodities Company Profile

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.