China Gold International Resources (TSE:CGG) Sets New 12-Month High – Time to Buy?

China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$10.00 and last traded at C$10.00, with a volume of 8320 shares trading hands. The stock had previously closed at C$9.75.

China Gold International Resources Trading Up 2.6 %

The business’s 50-day moving average is C$8.95 and its two-hundred day moving average is C$7.73. The company has a debt-to-equity ratio of 46.97, a current ratio of 1.68 and a quick ratio of 0.61. The firm has a market cap of C$2.78 billion, a P/E ratio of -123.86 and a beta of 1.85.

China Gold International Resources Company Profile

(Get Free Report)

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.

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