Amarillo Gold (CVE:AGC) Stock Price Up 2.4% – Still a Buy?

Amarillo Gold Co. (CVE:AGCGet Free Report) traded up 2.4% on Tuesday . The company traded as high as C$0.44 and last traded at C$0.44. 567,397 shares were traded during mid-day trading, an increase of 70% from the average session volume of 333,230 shares. The stock had previously closed at C$0.43.

Amarillo Gold Stock Performance

The stock has a market cap of C$167.94 million and a P/E ratio of -33.46. The company has a quick ratio of 11.06, a current ratio of 11.17 and a debt-to-equity ratio of 3.40. The business has a 50 day moving average price of C$0.43 and a two-hundred day moving average price of C$0.44.

About Amarillo Gold

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Amarillo Gold Corporation, a gold exploration company, engages in the acquisition and exploration of mineral properties, primarily in Brazil. The company's flagship property is the Mara Rosa project that comprises an area of 6,940 hectares of exploration tenements; and mining concessions, which cover an area totaling 2,553 hectares located near the village of Mara Rosa in the State of Goias.

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