China Gold International Resources (TSE:CGG) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.95 and traded as high as C$8.44. China Gold International Resources shares last traded at C$8.34, with a volume of 5,699 shares traded.

China Gold International Resources Stock Performance

The company’s fifty day simple moving average is C$7.47 and its 200 day simple moving average is C$6.95. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 46.68. The stock has a market capitalization of C$3.31 billion, a price-to-earnings ratio of -29.79 and a beta of 1.85.

About China Gold International Resources

(Get Free Report)

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.

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