Central African Gold Inc. (BANC.V) (CVE:BANC) Shares Up 8.5% – Here’s What Happened

Central African Gold Inc. (BANC.V) (CVE:BANC – Get Free Report)’s stock price shot up 8.5% during mid-day trading on Tuesday . The stock traded as high as C$0.32 and last traded at C$0.32. 80,972 shares traded hands during trading, an increase of 230% from the average daily volume of 24,545 shares. The stock had previously closed at C$0.29.

Central African Gold Inc. (BANC.V) Stock Performance

The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 14.17. The business has a 50 day moving average price of C$0.32 and a 200 day moving average price of C$0.32. The stock has a market cap of C$11.23 million and a P/E ratio of -0.91.

About Central African Gold Inc. (BANC.V)

(Get Free Report)

Bankers Cobalt Corp., a natural resource company, engages in the acquisition, exploration, development, and operation of cobalt and copper mineral projects in the Democratic Republic of Congo and Namibia. The company explores for nickel, gold, platinum, and palladium deposits. It holds 100% interest in six concessions located in Namibia. The company is based in Vancouver, Canada.

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