Century Global Commodities (TSE:CNT) Sets New 1-Year High – Time to Buy?

Century Global Commodities Co. (TSE:CNTGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.05, with a volume of 6150 shares trading hands. The stock had previously closed at C$0.04.

Century Global Commodities Price Performance

The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a market capitalization of C$4.73 million, a PE ratio of -3.41 and a beta of 0.74. The company has a current ratio of 2.84, a quick ratio of 3.86 and a debt-to-equity ratio of 0.85.

Century Global Commodities Company Profile

(Get Free Report)

Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.

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