Golconda Gold Ltd. (CVE:GG – Get Free Report) shares were down 5.8% during mid-day trading on Thursday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 23,000 shares traded hands during trading, an increase of 9% from the average daily volume of 21,113 shares. The stock had previously closed at C$0.26.
Golconda Gold Stock Performance
The company has a debt-to-equity ratio of 13.51, a quick ratio of 0.20 and a current ratio of 0.18. The stock’s fifty day moving average is C$0.22 and its two-hundred day moving average is C$0.18. The firm has a market cap of C$18.53 million, a price-to-earnings ratio of -5.20 and a beta of 2.67.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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