Amarillo Gold (CVE:AGC) Stock Price Up 2.4% – Still a Buy?

Amarillo Gold Co. (CVE:AGCGet Free Report)’s share price rose 2.4% during trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.44. Approximately 567,397 shares were traded during trading, an increase of 70% from the average daily volume of 333,230 shares. The stock had previously closed at C$0.43.

Amarillo Gold Stock Performance

The company has a market cap of C$167.94 million and a PE ratio of -33.46. The company has a debt-to-equity ratio of 3.40, a current ratio of 11.17 and a quick ratio of 11.06. The business has a 50-day moving average of C$0.43 and a 200 day moving average of C$0.44.

Amarillo Gold Company Profile

(Get Free Report)

Amarillo Gold Corporation, a gold exploration company, engages in the acquisition and exploration of mineral properties, primarily in Brazil. The company's flagship property is the Mara Rosa project that comprises an area of 6,940 hectares of exploration tenements; and mining concessions, which cover an area totaling 2,553 hectares located near the village of Mara Rosa in the State of Goias.

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