Terraco Gold (CVE:TEN) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Terraco Gold Corp (CVE:TENGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares changing hands.

Terraco Gold Stock Performance

The firm’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.14. The company has a current ratio of 0.21, a quick ratio of 0.16 and a debt-to-equity ratio of 43.73. The firm has a market cap of C$26.44 million and a price-to-earnings ratio of -6.90.

About Terraco Gold

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Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho.

Further Reading

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