China Gold International Resources (TSE:CGG) Stock Crosses Below 200 Day Moving Average – Here’s Why

China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$7.29 and traded as low as C$7.10. China Gold International Resources shares last traded at C$7.24, with a volume of 6,000 shares traded.

China Gold International Resources Stock Performance

The firm has a market cap of C$2.83 billion, a price-to-earnings ratio of -25.46 and a beta of 1.85. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 46.68. The stock has a 50 day moving average of C$6.59 and a 200 day moving average of C$7.27.

China Gold International Resources Company Profile

(Get Free Report)

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.

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