Core Gold Inc (CVE:CGLD – Get Free Report) shares dropped 3% during trading on Monday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 44,699 shares traded hands during mid-day 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 Down 3.0 %
The company has a market capitalization of C$26.70 million and a price-to-earnings ratio of -7.62. The firm’s 50 day moving average price is C$0.16 and its two-hundred day moving average price is C$0.16. The company has a current ratio of 0.30, a quick ratio of 0.00 and a debt-to-equity ratio of 210.57.
About Core Gold
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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