Shares of Golconda Gold Ltd. (CVE:GG – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.30 and traded as low as C$0.25. Golconda Gold shares last traded at C$0.27, with a volume of 112,498 shares changing hands.
Golconda Gold Stock Down 10.0 %
The company has a quick ratio of 0.20, a current ratio of 0.33 and a debt-to-equity ratio of 16.35. The company has a market capitalization of C$19.24 million, a PE ratio of -6.75 and a beta of 2.80. The business’s 50 day simple moving average is C$0.30 and its 200 day simple moving average is C$0.28.
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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