Canadian Gold (CVE:CGC) Reaches New 12-Month High – What’s Next?

Shares of Canadian Gold Corp. (CVE:CGC) reached a new 52-week high on Friday . The company traded as high as C$0.21 and last traded at C$0.20, with a volume of 144903 shares. The stock had previously closed at C$0.19.

Canadian Gold Trading Up 5.3 %

The business has a 50 day moving average of C$0.17 and a two-hundred day moving average of C$0.17. The firm has a market cap of C$37.07 million, a P/E ratio of -6.67 and a beta of 1.66. The company has a current ratio of 6.37, a quick ratio of 0.49 and a debt-to-equity ratio of 0.07.

Canadian Gold Company Profile

Canadian Gold Corp. engages in the exploration and development of mineral properties in Canada. Its principal project is the Tartan Lake gold mine project that consists of 20 mineral claims covering an area of approximately 2,670 hectares located northeast of the town of Flin Flon, Manitoba, Canada. The company was formerly known as Satori Resources Inc and changed its name to Canadian Gold Corp.