GFG Resources Inc (CVE:GFG – Get Free Report)’s share price shot up 2.2% during trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 109,210 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 218,451 shares. The stock had previously closed at C$0.23.
GFG Resources Trading Up 2.2%
The firm has a market capitalization of C$69.97 million, a PE ratio of 15.00 and a beta of -0.47. The business has a fifty day moving average price of C$0.23 and a two-hundred day moving average price of C$0.20. The company has a current ratio of 4.14, a quick ratio of 2.98 and a debt-to-equity ratio of 0.29.
About GFG Resources
GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.
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