Canagold Resources (TSE:CCM) Shares Pass Above 50-Day Moving Average of $0.22

Canagold Resources Ltd. (TSE:CCM)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.22 and traded as high as C$0.24. Canagold Resources shares last traded at C$0.24, with a volume of 50,500 shares.

Canagold Resources Trading Down 9.6 %

The company has a current ratio of 7.38, a quick ratio of 0.61 and a debt-to-equity ratio of 0.70. The firm has a market cap of C$40.79 million, a PE ratio of -7.83 and a beta of 0.95. The business has a fifty day moving average price of C$0.23 and a 200 day moving average price of C$0.21.

Canagold Resources (TSE:CCM) last announced its quarterly earnings results on Monday, April 1st. The mining company reported C($0.01) EPS for the quarter.

Canagold Resources Company Profile

Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and copper deposits. Its flagship property is its 100% interest in the New Polaris gold mine project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley.