Century Global Commodities (TSE:CNT) Trading Up 11.1% – Here’s Why

Century Global Commodities Co. (TSE:CNT) shot up 11.1% during trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.05. 105,001 shares changed hands during trading, an increase of 138% from the average session volume of 44,209 shares. The stock had previously closed at C$0.05.

Century Global Commodities Trading Up 44.4%

The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.05. The company has a debt-to-equity ratio of 0.85, a quick ratio of 3.86 and a current ratio of 2.84. The firm has a market cap of C$7.68 million, a price-to-earnings ratio of -6.50 and a beta of -0.87.

Century Global Commodities Company Profile

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.