Canagold Resources Ltd. (TSE:CCM – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.29 and traded as high as C$0.33. Canagold Resources shares last traded at C$0.33, with a volume of 39,850 shares traded.
Canagold Resources Stock Up 4.8 %
The business’s fifty day moving average is C$0.30 and its two-hundred day moving average is C$0.30. The stock has a market cap of C$56.71 million, a price-to-earnings ratio of -16.25 and a beta of 0.84. The company has a quick ratio of 0.61, a current ratio of 3.71 and a debt-to-equity ratio of 0.58.
About Canagold Resources
Canagold owns a portfolio of Gold and Silver projects located in North America. The company’s flagship asset is New Polaris – an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status.
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