Century Global Commodities (TSE:CNT) Reaches New 12-Month High – What’s Next?

Century Global Commodities Co. (TSE:CNT)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.05, with a volume of 6150 shares changing hands. The stock had previously closed at C$0.04.

Century Global Commodities Stock Performance

The business has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The firm has a market cap of C$4.73 million, a PE ratio of -3.41 and a beta of 0.74. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.84 and a quick ratio of 3.86.

Century Global Commodities Company Profile

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.