Contact Gold (CVE:C) Reaches New 1-Year High at $0.04

Contact Gold Corp. (CVE:CGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 49660 shares. The stock had previously closed at C$0.03.

Contact Gold Price Performance

The firm has a market cap of C$10.57 million, a PE ratio of -3.00 and a beta of 0.86. The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.40 and a quick ratio of 1.17.

Contact Gold Company Profile

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Contact Gold Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It principally holds interests in the Green Springs Property that comprises 261 unpatented mining claims covering approximately 18 square kilometers located in White Pine County, Nevada; and the Pony Creek Property, which includes 792 unpatented mining claims covering approximately 82 square kilometers situated in Elko County, Nevada.

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