Canagold Resources Ltd. (TSE:CCM – Get Free Report) shares shot up 4.3% during trading on Wednesday . The company traded as high as C$0.74 and last traded at C$0.73. 126,754 shares traded hands during mid-day trading, an increase of 149% from the average session volume of 50,886 shares. The stock had previously closed at C$0.70.
Canagold Resources Trading Up 2.7%
The company has a current ratio of 2.23, a quick ratio of 0.61 and a debt-to-equity ratio of 0.18. The business has a 50 day simple moving average of C$0.59 and a two-hundred day simple moving average of C$0.56. The stock has a market cap of C$162.60 million, a price-to-earnings ratio of -76.00 and a beta of 0.79.
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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