China Nonferrous Gold (CNG) Shares Up 20.3%

China Nonferrous Gold Ltd (LON:CNG) shares shot up 20.3% on Friday . The stock traded as high as GBX 4.25 ($0.06) and last traded at GBX 4.25 ($0.06). 179,484 shares traded hands during trading, an increase of 165% from the average session volume of 67,653 shares. The stock had previously closed at GBX 3.53 ($0.05).

The firm has a market capitalization of $14.99 million and a P/E ratio of -2.45. The company has a debt-to-equity ratio of 3,908.39, a quick ratio of 0.32 and a current ratio of 0.38.

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About China Nonferrous Gold (LON:CNG)

China Nonferrous Gold Limited mines, explores, and develops mineral properties. It primarily holds a 100% interest in the Pakrut gold project located in the southern Tien Shan gold belt, Tajikistan. The company was formerly known as Kryso Resources Corporation Limited and changed its name to China Nonferrous Gold Limited in October 2013.

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