Terraco Gold (CVE:TEN) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Terraco Gold Corp (CVE:TEN)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares changing hands.

Terraco Gold Stock Performance

The company has a market cap of C$26.44 million and a PE ratio of -6.90. The stock’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.14. The company has a debt-to-equity ratio of 43.73, a quick ratio of 0.16 and a current ratio of 0.21.

Terraco Gold Company Profile

Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho.