Century Global Commodities (TSE:CNT) Stock Price Down 23.1% – What’s Next?

Century Global Commodities Co. (TSE:CNT) shares dropped 23.1% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 319,120 shares were traded during trading, an increase of 259% from the average session volume of 88,969 shares. The stock had previously closed at C$0.07.

Century Global Commodities Price Performance

The company has a current ratio of 2.75, a quick ratio of 3.85 and a debt-to-equity ratio of 1.07. The stock has a market cap of C$5.91 million, a P/E ratio of -5.00 and a beta of -0.80. The business has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04.

Century Global Commodities (TSE:CNT) last posted its quarterly earnings data on Friday, June 26th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$3.11 million during the quarter. Century Global Commodities had a negative return on equity of 4.38% and a negative net margin of 5.29%.

About Century Global Commodities

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.