Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price rose 3.3% during mid-day trading on Wednesday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 500 shares traded hands during trading, a decline of 99% from the average daily volume of 40,544 shares. The stock had previously closed at C$0.30.
Golconda Gold Price Performance
The stock has a market cap of C$22.09 million, a PE ratio of -7.75 and a beta of 2.80. The firm’s fifty day moving average price is C$0.30 and its 200 day moving average price is C$0.28. The company has a quick ratio of 0.20, a current ratio of 0.33 and a debt-to-equity ratio of 16.35.
About Golconda Gold
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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