Shares of Canagold Resources Ltd. (TSE:CCM – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.33 and traded as high as C$0.35. Canagold Resources shares last traded at C$0.35, with a volume of 4,500 shares trading hands.
Canagold Resources Price Performance
The company has a quick ratio of 0.61, a current ratio of 2.34 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average price is C$0.33 and its two-hundred day moving average price is C$0.31. The stock has a market cap of C$42.34 million, a price-to-earnings ratio of -10.46 and a beta of 0.84.
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.
Featured Stories
- Five stocks we like better than Canagold Resources
- Profitably Trade Stocks at 52-Week Highs
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- P/E Ratio Calculation: How to Assess Stocks
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for Canagold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canagold Resources and related companies with MarketBeat.com's FREE daily email newsletter.
