EnGold Mines (CVE:EGM) Stock Price Down 12.5% – Here’s What Happened

EnGold Mines Ltd. (CVE:EGM) shares fell 12.5% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.04. 218,500 shares changed hands during mid-day trading, an increase of 1,483% from the average session volume of 13,807 shares. The stock had previously closed at C$0.04.

EnGold Mines Trading Down 12.5 %

The stock has a market capitalization of C$1.45 million, a PE ratio of -1.75 and a beta of -0.63. The stock has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06. The company has a debt-to-equity ratio of 29.40, a quick ratio of 0.11 and a current ratio of 0.01.

EnGold Mines Company Profile

EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd.