Century Global Commodities (TSE:CNT) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Century Global Commodities Co. (TSE:CNTGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.03, with a volume of 80,000 shares changing hands.

Century Global Commodities Stock Performance

The company has a market cap of C$2.96 million, a P/E ratio of -1.25 and a beta of 0.74. The company has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a quick ratio of 3.86, a current ratio of 2.67 and a debt-to-equity ratio of 0.98.

About Century Global Commodities

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Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.

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