Core Gold (CVE:CGLD) Trading Down 3% – Should You Sell?

Core Gold Inc (CVE:CGLDGet Free Report)’s share price was down 3% on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 44,699 shares traded hands during trading, a decline of 89% from the average daily volume of 394,493 shares. The stock had previously closed at C$0.17.

Core Gold Stock Performance

The stock has a market capitalization of C$26.70 million and a price-to-earnings ratio of -7.62. The company has a debt-to-equity ratio of 210.57, a quick ratio of 0.00 and a current ratio of 0.30. The stock has a fifty day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.16.

About Core Gold

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Core Gold Inc engages in acquiring, exploring, developing, and mining mineral concessions in Ecuador. The company primarily explores for gold, copper, and silver deposits. Its flagship asset is the 100% owned Dynasty District, a 50,000 hectare land package, which includes five production and exploration targets.

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