Central African Gold Inc. (BANC.V) (CVE:BANC) Trading Up 8.5% – Still a Buy?

Central African Gold Inc. (BANC.V) (CVE:BANC) shares traded up 8.5% during trading on Monday . The company traded as high as C$0.32 and last traded at C$0.32. 80,972 shares changed hands during mid-day trading, an increase of 230% from the average session volume of 24,545 shares. The stock had previously closed at C$0.30.

Central African Gold Inc. (BANC.V) Stock Up 8.5 %

The company has a debt-to-equity ratio of 14.17, a quick ratio of 0.01 and a current ratio of 0.01. The stock has a 50 day moving average price of C$0.32 and a 200 day moving average price of C$0.32. The company has a market cap of C$11.23 million and a P/E ratio of -0.91.

Central African Gold Inc. (BANC.V) Company Profile

Bankers Cobalt Corp., a natural resource company, engages in the acquisition, exploration, development, and operation of cobalt and copper mineral projects in the Democratic Republic of Congo and Namibia. The company explores for nickel, gold, platinum, and palladium deposits. It holds 100% interest in six concessions located in Namibia.