EnGold Mines (CVE:EGM) Reaches New 52-Week Low – Should You Sell?

Shares of EnGold Mines Ltd. (CVE:EGMGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 8000 shares traded. The stock had previously closed at C$0.04.

EnGold Mines Stock Performance

The company’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06. The company has a quick ratio of 0.11, a current ratio of 0.01 and a debt-to-equity ratio of 29.40. The stock has a market capitalization of C$1.24 million, a price-to-earnings ratio of -1.50 and a beta of -0.63.

EnGold Mines Company Profile

(Get Free Report)

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.

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