Sunday Lake Gold (TSE:SNDY) Hits New 12-Month Low – What’s Next?

Sunday Lake Gold Corp. (TSE:SNDY – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday. The company traded as low as C$1.30 and last traded at C$1.52, with a volume of 128,455 shares. The stock had previously closed at C$1.61.

Sunday Lake Gold Trading Down 6.8%

The firm has a fifty day moving average of C$1.87 and a two-hundred day moving average of C$1.82. The company has a current ratio of 5.74, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. The company has a market cap of C$137.31 million, a PE ratio of -7.50 and a beta of 1.91.

About Sunday Lake Gold

(Get Free Report)

Wallbridge is focused on creating value through the exploration and sustainable development of gold projects in Quebec’s Abitibi region while respecting the environment and communities where it operates. The Company holds a contiguous mineral property position totaling 598 square kilometres that extends approximately 82 kilometres along the Detour-Fenelon gold trend. The land position is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous greenfield gold projects.

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