Golconda Gold Ltd. (CVE:GG – Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.30 and traded as low as C$0.30. Golconda Gold shares last traded at C$0.30, with a volume of 500 shares.
Golconda Gold Price Performance
The company has a market cap of C$14.40 million, a price-to-earnings ratio of -5.51 and a beta of 2.80. The company’s 50-day simple moving average is C$0.30 and its 200-day simple moving average is C$0.29. The company has a debt-to-equity ratio of 15.32, a current ratio of 0.31 and a quick ratio of 0.20.
About Golconda Gold
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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