Amarillo Gold (CVE:AGC) Shares Up 2.4% – Here’s What Happened

Amarillo Gold Co. (CVE:AGCGet Free Report)’s share price was up 2.4% during mid-day trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.44. Approximately 567,399 shares changed hands during mid-day trading, an increase of 70% from the average daily volume of 333,230 shares. The stock had previously closed at C$0.43.

Amarillo Gold Stock Performance

The stock has a market cap of C$167.94 million and a price-to-earnings ratio of -33.46. The company has a quick ratio of 11.06, a current ratio of 11.17 and a debt-to-equity ratio of 3.40. The company has a 50 day simple moving average of C$0.43 and a 200 day simple moving average of C$0.44.

About Amarillo Gold

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Amarillo Gold Corporation, a gold exploration company, engages in the acquisition and exploration of mineral properties, primarily in Brazil. The company's flagship property is the Mara Rosa project that comprises an area of 6,940 hectares of exploration tenements; and mining concessions, which cover an area totaling 2,553 hectares located near the village of Mara Rosa in the State of Goias.

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