Continental Gold (TSE:CNL) Shares Up 0.7%

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Continental Gold Inc (TSE:CNL) shot up 0.7% during trading on Monday . The company traded as high as C$3.07 and last traded at C$3.05. 162,762 shares were traded during trading, a decline of 54% from the average session volume of 356,955 shares. The stock had previously closed at C$3.03.

The company’s fifty day moving average is C$2.68. The company has a debt-to-equity ratio of 227.86, a quick ratio of 2.25 and a current ratio of 2.61. The stock has a market cap of $554.84 million and a PE ratio of -21.18.

Continental Gold (TSE:CNL) last issued its earnings results on Friday, March 15th. The company reported C($0.12) earnings per share (EPS) for the quarter. As a group, sell-side analysts predict that Continental Gold Inc will post 0.25 earnings per share for the current year.

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About Continental Gold (TSE:CNL)

Continental Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of gold resource properties in Colombia. The company holds the rights to develop and explore 1 advanced-stage gold project, as well as explore 3 early-stage projects in Colombia covering an area of approximately 76,565 hectares.

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