Century Global Commodities (TSE:CNT) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Century Global Commodities Co. (TSE:CNTGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.03, with a volume of 77,000 shares changing hands.

Century Global Commodities Price Performance

The company has a debt-to-equity ratio of 0.85, a current ratio of 2.84 and a quick ratio of 3.86. The stock has a market cap of C$2.96 million, a P/E ratio of -2.13 and a beta of 0.74. The company’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03.

About Century Global Commodities

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Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.

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