China Gold International Resources (TSE:CGG) Reaches New 12-Month High – Here’s What Happened

China Gold International Resources Corp. Ltd. (TSE:CGG) shares hit a new 52-week high on Tuesday . The stock traded as high as C$42.45 and last traded at C$42.16, with a volume of 311128 shares changing hands. The stock had previously closed at C$39.19.

China Gold International Resources Stock Performance

The business’s fifty day moving average price is C$29.45 and its 200-day moving average price is C$23.19. The company has a debt-to-equity ratio of 46.97, a current ratio of 1.68 and a quick ratio of 0.61. The stock has a market capitalization of C$16.71 billion, a PE ratio of 40.89 and a beta of 2.08.

China Gold International Resources (TSE:CGG) last issued its quarterly earnings data on Thursday, November 13th. The company reported C$0.36 EPS for the quarter. The company had revenue of C$480.42 million during the quarter. China Gold International Resources had a negative net margin of 4.20% and a negative return on equity of 1.32%. As a group, equities research analysts expect that China Gold International Resources Corp. Ltd. will post 6.2699998 EPS for the current year.

China Gold International Resources Company Profile

China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company’s revenue is derived from gold mining, a significant portion of sales still result from copper production. China National Gold Corporation, a state-owned company registered in Beijing, is a substantial shareholder of China Gold International Resources.