Terraco Gold (CVE:TEN) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Terraco Gold Corp (CVE:TENGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares changing hands.

Terraco Gold Stock Performance

The company has a current ratio of 0.21, a quick ratio of 0.16 and a debt-to-equity ratio of 43.73. The company’s 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.14. The company has a market cap of C$26.44 million and a P/E ratio of -6.90.

About Terraco Gold

(Get Free Report)

Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho.

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