Atlantic Gold (CVE:AGB) Trading Up ∞ – Should You Buy?

Atlantic Gold Corp (CVE:AGBGet Free Report) shares shot up ∞ during mid-day trading on Friday . The stock traded as high as C$2.92 and last traded at C$2.92. 810,251 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 620,158 shares.

Atlantic Gold Stock Performance

The company has a current ratio of 2.99, a quick ratio of 2.03 and a debt-to-equity ratio of 73.79. The company has a market cap of C$690.60 million and a P/E ratio of 22.77. The company has a 50 day moving average price of C$2.92 and a 200-day moving average price of C$2.92.

About Atlantic Gold

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Atlantic Gold Corporation engages in the acquisition, exploration, and development of gold properties in Canada. It holds 63.2% effective ownership interests in the Touquoy gold project covering approximately 1,760 hectares; and 100% interest in the Beaver Dam gold, Cochrane Hill, and Fifteen Mile Stream projects located in Nova Scotia.

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