Canagold Resources Ltd. (TSE:CCM – Get Free Report)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.54 and traded as high as C$0.60. Canagold Resources shares last traded at C$0.59, with a volume of 69,055 shares traded.
Canagold Resources Stock Performance
The business has a 50-day moving average price of C$0.54 and a 200-day moving average price of C$0.55. The company has a quick ratio of 0.61, a current ratio of 2.23 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of C$128.37 million, a price-to-earnings ratio of -60.00 and a beta of 0.74.
Canagold Resources Company Profile
Canagold owns a portfolio of Gold and Silver projects located in North America. The company’s flagship asset is New Polaris – an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status. CanaGold is managed by an experienced team with a strong track record of exploration, development and finance.
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