Algold Resources (CVE:ALG) Reaches New 52-Week Low at $0.10

Shares of Algold Resources Ltd (CVE:ALG) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 60107 shares. The stock had previously closed at C$0.12.

The company has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.17. The company has a current ratio of 0.13, a quick ratio of 0.11 and a debt-to-equity ratio of 19.21. The company has a market capitalization of $3.34 million and a price-to-earnings ratio of -0.23.

Algold Resources Company Profile (CVE:ALG)

Algold Resources Ltd. acquires, explores, and develops gold mining properties in Mauritania, West Africa. The Tijirit property covering an area of approximately 1,400 square kilometers located in the Tijirit area; the Kneivissat property covering an area of 830 square kilometers; and the Legouessi exploration license located to the north of Nouakchott.

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