Golconda Gold Ltd. (CVE:GG – Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.92 and traded as low as C$1.62. Golconda Gold shares last traded at C$1.70, with a volume of 159,361 shares traded.
Golconda Gold Stock Performance
The stock has a 50 day simple moving average of C$1.92 and a 200 day simple moving average of C$1.19. The company has a quick ratio of 0.20, a current ratio of 0.31 and a debt-to-equity ratio of 15.32. The company has a market cap of C$122.13 million, a price-to-earnings ratio of 34.00 and a beta of 3.83.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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