Contact Gold (CVE:C) Sets New 52-Week High at $0.04

Contact Gold Corp. (CVE:CGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04, with a volume of 32100 shares. The stock had previously closed at C$0.03.

Contact Gold Price Performance

The stock has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.02. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.12. The firm has a market cap of C$10.57 million, a price-to-earnings ratio of -3.00 and a beta of 0.95.

About Contact Gold

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Contact Gold Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It principally holds interests in the Green Springs Property that comprises 261 unpatented mining claims covering approximately 18 square kilometers located in White Pine County, Nevada; and the Pony Creek Property, which includes 792 unpatented mining claims covering approximately 82 square kilometers situated in Elko County, Nevada.

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