Plato Gold (CVE:PGC) Trading Down 20% – Here’s Why

Plato Gold Corp. (CVE:PGCGet Free Report)’s stock price dropped 20% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 104,000 shares traded hands during mid-day trading, an increase of 173% from the average daily volume of 38,111 shares. The stock had previously closed at C$0.03.

Plato Gold Stock Performance

The company has a quick ratio of 0.21, a current ratio of 0.04 and a debt-to-equity ratio of 38.33. The company’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The stock has a market capitalization of C$4.57 million, a price-to-earnings ratio of -17.50 and a beta of 1.42.

About Plato Gold

(Get Free Report)

Plato Gold Corp., an exploration company, engages in the exploration and development of gold and rare mineral properties in Canada. The company is based in Toronto, Canada.

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