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

Core Gold Inc (CVE:CGLDGet Free Report) was down 3% on Thursday . The stock 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 firm’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.16. The company has a debt-to-equity ratio of 210.57, a current ratio of 0.30 and a quick ratio of 0.00. The company has a market cap of C$26.70 million and a price-to-earnings ratio of -7.62.

Core Gold Company Profile

(Get Free Report)

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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