China Gold International Resources (TSE:CGG) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.07 and traded as high as C$8.85. China Gold International Resources shares last traded at C$8.75, with a volume of 6,758 shares.

China Gold International Resources Trading Down 3.4 %

The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.61 and a current ratio of 1.68. The company’s 50 day moving average is C$8.24 and its 200 day moving average is C$7.07. The stock has a market capitalization of C$2.43 billion, a price-to-earnings ratio of -108.37 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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