Golconda Gold (CVE:GG) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Golconda Gold Ltd. (CVE:GGGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.91 and traded as low as C$1.88. Golconda Gold shares last traded at C$2.11, with a volume of 72,852 shares traded.

Golconda Gold Price Performance

The firm has a market cap of C$151.58 million, a PE ratio of 42.20 and a beta of 3.83. The company has a current ratio of 0.31, a quick ratio of 0.20 and a debt-to-equity ratio of 15.32. The company has a 50 day moving average price of C$1.91 and a 200 day moving average price of C$1.12.

Golconda Gold Company Profile

(Get Free Report)

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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