EnGold Mines (CVE:EGM) Reaches New 52-Week High – What’s Next?

Shares of EnGold Mines Ltd. (CVE:EGMGet Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 64000 shares traded. The stock had previously closed at C$0.08.

EnGold Mines Stock Performance

The company has a market capitalization of C$3.32 million, a P/E ratio of -8.00 and a beta of 0.42. The business has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a quick ratio of 0.11, a current ratio of 0.01 and a debt-to-equity ratio of 29.40.

About EnGold Mines

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EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd. in May 2016. EnGold Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.

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