Golconda Gold Ltd. (CVE:GG – Get Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.29 and traded as low as C$0.29. Golconda Gold shares last traded at C$0.29, with a volume of 20,000 shares traded.
Golconda Gold Stock Up 7.4 %
The company has a debt-to-equity ratio of 16.35, a current ratio of 0.33 and a quick ratio of 0.20. The stock has a market capitalization of C$20.67 million, a P/E ratio of -7.25 and a beta of 2.80. The stock’s fifty day moving average is C$0.29 and its two-hundred day moving average is C$0.29.
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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