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

Century Global Commodities Co. (TSE:CNT)’s stock price hit 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 traded. The stock had previously closed at C$0.07.

Century Global Commodities Stock Up 92.3%

The stock has a market capitalization of C$14.78 million, a P/E ratio of -12.50 and a beta of -0.80. 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 stock’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

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

About Century Global Commodities

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.