Canagold Resources Ltd. (TSE:CCM – Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.53 and traded as low as C$0.51. Canagold Resources shares last traded at C$0.51, with a volume of 58,809 shares.
Canagold Resources Stock Down 3.8%
The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.61 and a current ratio of 3.95. The company has a market cap of C$109.11 million, a price-to-earnings ratio of -51.00 and a beta of 0.71. The business has a 50-day simple moving average of C$0.53 and a 200-day simple moving average of C$0.54.
Canagold Resources Company Profile
Canagold owns a portfolio of Gold and Silver projects located in North America. The company’s flagship asset is New Polaris – an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status. CanaGold is managed by an experienced team with a strong track record of exploration, development and finance.
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