Golconda Gold Ltd. (CVE:GG – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.82 and traded as low as C$2.50. Golconda Gold shares last traded at C$2.50, with a volume of 51,419 shares traded.
Golconda Gold Stock Down 1.2%
The stock has a market cap of C$178.50 million, a price-to-earnings ratio of 19.23 and a beta of 4.41. 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 stock’s 50-day moving average price is C$2.82 and its 200-day moving average price is C$2.62.
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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