Terraco Gold (CVE:TEN) Shares Cross Above Fifty Day Moving Average – Here’s Why

Terraco Gold Corp (CVE:TENGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares trading hands.

Terraco Gold Price Performance

The firm has a market cap of C$26.44 million and a PE ratio of -6.90. The company has a current ratio of 0.21, a quick ratio of 0.16 and a debt-to-equity ratio of 43.73. The company has a 50 day moving average price of C$0.14 and a 200 day moving average price of C$0.14.

Terraco Gold Company Profile

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Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho. The company also has royalty interests in the Spring Valley gold project and the Moonlight Project located in Pershing County, Nevada.

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