Century Global Commodities (TSE:CNT) Stock Passes Above 50 Day Moving Average – What’s Next?

Century Global Commodities Co. (TSE:CNT)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.04. Century Global Commodities shares last traded at C$0.04, with a volume of 184,500 shares changing hands.

Century Global Commodities Price Performance

The company has a market cap of C$4.14 million, a PE ratio of -2.98 and a beta of 0.74. The stock has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.84 and a quick ratio of 3.86.

Century Global Commodities Company Profile

Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.