Core Gold Inc (CVE:CGLD – Get Rating)’s stock price dropped 3% during mid-day trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 44,699 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 394,493 shares. The stock had previously closed at C$0.17.
Core Gold Stock Performance
The company has a market cap of C$26.70 million and a P/E ratio of -7.62. The company has a 50 day moving average price of C$0.16 and a 200-day moving average price of C$0.16. The company has a quick ratio of 0.00, a current ratio of 0.30 and a debt-to-equity ratio of 210.57.
About Core Gold
Core Gold Inc engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador. The company primarily explores for gold, copper, and silver deposits. Its flagship asset is the 100% owned Dynasty District, a 50,000 hectare land package, which includes five production and exploration targets.
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