Century Global Commodities (TSE:CNT) Trading Up 25% – Here’s Why

Century Global Commodities Co. (TSE:CNT) shot up 25% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 137,258 shares changed hands during mid-day trading, an increase of 73% from the average session volume of 79,286 shares. The stock had previously closed at C$0.04.

Century Global Commodities Trading Up 25.0%

The company has a debt-to-equity ratio of 0.92, a quick ratio of 3.85 and a current ratio of 2.54. The firm has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04. The firm has a market capitalization of C$5.91 million, a P/E ratio of -5.00 and a beta of -1.21.

Century Global Commodities (TSE:CNT) last posted its quarterly earnings data on Friday, June 26th. The company reported C($0.01) earnings per share (EPS) for the quarter. Century Global Commodities had a negative return on equity of 3.82% and a negative net margin of 4.68%.The firm had revenue of C$3.11 million for the quarter.

Century Global Commodities Company Profile

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.