China Gold International Resources (TSE:CGG) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

China Gold International Resources Corp. Ltd. (TSE:CGG) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$29.87 and traded as high as C$38.64. China Gold International Resources shares last traded at C$36.39, with a volume of 88,974 shares.

China Gold International Resources Stock Performance

The company’s 50-day moving average price is C$26.92 and its two-hundred day moving average price is C$29.87. The company has a debt-to-equity ratio of 23.36, a quick ratio of 0.61 and a current ratio of 2.03. The stock has a market cap of C$14.43 billion, a PE ratio of 23.42 and a beta of 1.88.

About China Gold International Resources

China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The Company’s objective is to build shareholder value through growing production at its current mining operations, expanding its resource base, and acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKE X: 2099).