Golden Tag Resources (CVE:GOG) Shares Up 10% – Still a Buy?

Golden Tag Resources Ltd. (CVE:GOGGet Free Report) shares shot up 10% on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. 23,500 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 109,076 shares. The stock had previously closed at C$0.10.

Golden Tag Resources Trading Up 10.0 %

The stock has a market capitalization of C$73.82 million, a PE ratio of -3.00 and a beta of 2.16. The company has a quick ratio of 74.82, a current ratio of 0.42 and a debt-to-equity ratio of 7.62. The business’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.11.

Golden Tag Resources Company Profile

(Get Free Report)

Golden Tag Resources Ltd., a mineral resource exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for silver, zinc, copper, lead, and gold deposits. It holds a 100% interest in the San Diego property that consists of 4 mining concessions covering an area of 91.65 hectares located in Durango State, Mexico.

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