Golconda Gold Ltd. (CVE:GG – Get Free Report) rose 6.8% during trading on Monday . The stock traded as high as C$2.24 and last traded at C$2.19. Approximately 153,248 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 128,334 shares. The stock had previously closed at C$2.05.
Golconda Gold Price Performance
The company has a quick ratio of 0.20, a current ratio of 0.31 and a debt-to-equity ratio of 15.32. The stock’s 50-day moving average is C$1.98 and its 200-day moving average is C$1.40. The firm has a market cap of C$169.93 million, a P/E ratio of 23.80 and a beta of 4.24.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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