Goldgroup Mining (TSE:GGA) Stock Price Up 25%
Shares of Goldgroup Mining Inc (TSE:GGA) rose 25% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03, approximately 208,000 shares were traded during trading. An increase of 117% from the average daily volume of 95,938 shares. The stock had previously closed at C$0.02.
The company has a debt-to-equity ratio of 50.56, a current ratio of 0.58 and a quick ratio of 0.14. The business’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04. The stock has a market cap of $5.55 million and a price-to-earnings ratio of -1.14.
Goldgroup Mining (TSE:GGA) last issued its earnings results on Thursday, November 14th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$6.47 million for the quarter.
Goldgroup Mining Inc, together with its subsidiaries, focuses on the acquisition, exploration, and development of gold-bearing mineral properties in the Americas. It holds a 100% interests in the Cerro Prieto Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador.
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