Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price was down 3% during trading on Friday. The company traded as low as C$2.84 and last traded at C$2.90. Approximately 24,835 shares changed hands during trading, a decline of 65% from the average daily volume of 71,657 shares. The stock had previously closed at C$2.99.
Golconda Gold Stock Down 3.0%
The business has a 50-day moving average price of C$2.81 and a two-hundred day moving average price of C$2.58. The firm has a market cap of C$207.55 million, a PE ratio of 14.50 and a beta of 4.16.
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. in October 2022. The company is headquartered in Toronto, Canada.
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