Shares of Canagold Resources Ltd. (TSE:CCM – Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of C$0.63 and traded as high as C$0.73. Canagold Resources shares last traded at C$0.71, with a volume of 14,694 shares changing hands.
Canagold Resources Stock Down 1.4%
The company has a debt-to-equity ratio of 0.18, a current ratio of 2.23 and a quick ratio of 0.61. The firm has a market capitalization of C$159.68 million, a P/E ratio of -70.00 and a beta of 0.79. The company’s 50-day simple moving average is C$0.63 and its two-hundred day simple moving average is C$0.57.
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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