Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price traded down 10% during mid-day trading on Friday . The company traded as low as C$0.25 and last traded at C$0.27. 112,498 shares changed hands during trading, an increase of 361% from the average session volume of 24,400 shares. The stock had previously closed at C$0.30.
Golconda Gold Trading Down 7.4 %
The company has a market cap of C$17.82 million, a PE ratio of -6.25 and a beta of 2.80. The stock’s 50 day moving average is C$0.30 and its 200-day moving average is C$0.28. The company has a quick ratio of 0.20, a current ratio of 0.33 and a debt-to-equity ratio of 16.35.
About Golconda Gold
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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