Energold Drilling (CVE:EGD) Shares Pass Above 50-Day Moving Average – What’s Next?

Energold Drilling Corp (CVE:EGD)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.04 and traded as high as C$0.05. Energold Drilling shares last traded at C$0.05, with a volume of 5,120 shares.

Energold Drilling Stock Up ∞

The company’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$2.46 million and a P/E ratio of -0.16. The company has a debt-to-equity ratio of 80.31, a quick ratio of 0.89 and a current ratio of 2.00.

About Energold Drilling

Energold Drilling Corp., together with its subsidiaries, provides drilling services primarily in Mexico, the Caribbean, rest of North America, Central America, South America, Europe, and Africa. The company operates through three segments: Minerals, Energy, and Manufacturing. It offers mineral drilling services, including surface and underground drilling, and conventional drilling services; and oil sands coring, shot hole seismic, and geothermal and geotechnical drilling services, as well as water well drilling services, such as mine pit de-watering, mine water supply, mine hydrogeological characterization and well monitoring, and rural and urban water well drilling schemes, as well as offers horizontal directional drilling services.