Central African Gold Inc. (BANC.V) (CVE:BANC) Stock Price Up 8.5% – Time to Buy?

Shares of Central African Gold Inc. (BANC.V) (CVE:BANC) rose 8.5% on Tuesday . The stock traded as high as C$0.32 and last traded at C$0.32. 80,972 shares changed hands during trading, an increase of 230% from the average daily volume of 24,545 shares. The stock had previously closed at C$0.29.

Central African Gold Inc. (BANC.V) Stock Up 8.5%

The stock has a market cap of C$11.23 million and a price-to-earnings ratio of -0.91. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 14.17. The stock has a fifty day moving average of C$0.32 and a two-hundred day moving average of C$0.32.

Central African Gold Inc. (BANC.V) Company Profile

Bankers Cobalt Corp., a natural resource company, engages in the acquisition, exploration, development, and operation of cobalt and copper mineral projects in the Democratic Republic of Congo and Namibia. The company explores for nickel, gold, platinum, and palladium deposits. It holds 100% interest in six concessions located in Namibia. The company is based in Vancouver, Canada.