Terraco Gold (CVE:TEN) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Terraco Gold Corp (CVE:TEN)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares changing hands.

Terraco Gold Stock Down 3.3 %

The company has a market capitalization of C$26.44 million and a price-to-earnings ratio of -6.90. The company has a quick ratio of 0.16, a current ratio of 0.21 and a debt-to-equity ratio of 43.73. The firm has a 50 day moving average price of C$0.14 and a two-hundred day moving average price of C$0.14.

Terraco Gold Company Profile

Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho.