Core Gold (CVE:CGLD) Shares Down 3% – Time to Sell?

Shares of Core Gold Inc (CVE:CGLDGet Free Report) fell 3% during mid-day trading on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16. 44,699 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 394,493 shares. The stock had previously closed at C$0.17.

Core Gold Price Performance

The stock has a 50 day moving average of C$0.16 and a 200-day moving average of C$0.16. The company has a market cap of C$26.70 million and a PE 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.

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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