Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price traded down 5.8% on Thursday . The stock traded as low as C$0.25 and last traded at C$0.25. 23,000 shares changed hands during trading, an increase of 9% from the average session volume of 21,113 shares. The stock had previously closed at C$0.26.
Golconda Gold Stock Down 5.8 %
The firm has a market cap of C$17.46 million, a P/E ratio of -4.90 and a beta of 2.67. The company has a debt-to-equity ratio of 13.51, a quick ratio of 0.20 and a current ratio of 0.18. The firm’s fifty day moving average is C$0.22 and its 200 day moving average is C$0.18.
About Golconda Gold
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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