EnGold Mines (CVE:EGM) Stock Price Down 9.1% – What’s Next?

EnGold Mines Ltd. (CVE:EGM)’s stock price traded down 9.1% during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. 120,000 shares were traded during mid-day trading, an increase of 246% from the average session volume of 34,681 shares. The stock had previously closed at C$0.11.

EnGold Mines Price Performance

The company has a debt-to-equity ratio of 29.40, a quick ratio of 0.11 and a current ratio of 0.01. The company has a market cap of C$4.40 million, a P/E ratio of -10.00 and a beta of 0.41. The firm has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of C$0.06.

EnGold Mines Company Profile

EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd. in May 2016. EnGold Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.