Century Global Commodities (TSE:CNT) Reaches New 12-Month High – Still a Buy?

Century Global Commodities Co. (TSE:CNTGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06, with a volume of 8000 shares. The stock had previously closed at C$0.06.

Century Global Commodities Trading Up 9.1%

The stock has a market cap of C$7.09 million, a PE ratio of -5.11 and a beta of 0.74. The company has a quick ratio of 3.86, a current ratio of 2.84 and a debt-to-equity ratio of 0.85. The stock’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.03.

About Century Global Commodities

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Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.

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