Canagold Resources Ltd. (TSE:CCM – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$0.30 and last traded at C$0.30, with a volume of 16000 shares. The stock had previously closed at C$0.29.
Canagold Resources Price Performance
The business’s 50 day simple moving average is C$0.26 and its 200-day simple moving average is C$0.24. The stock has a market capitalization of C$52.08 million, a price-to-earnings ratio of -9.67 and a beta of 0.83. The company has a quick ratio of 0.61, a current ratio of 9.81 and a debt-to-equity ratio of 0.60.
Canagold Resources Company Profile
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake.
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