Golconda Gold Ltd. (CVE:GG – Get Free Report) shares rose 6.8% on Monday . The stock traded as high as C$2.24 and last traded at C$2.19. Approximately 153,248 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 128,334 shares. The stock had previously closed at C$2.05.
Golconda Gold Trading Up 6.8%
The company has a debt-to-equity ratio of 15.32, a quick ratio of 0.20 and a current ratio of 0.31. The company has a market capitalization of C$156.37 million, a PE ratio of 21.90 and a beta of 4.24. The business has a fifty day moving average price of C$1.98 and a 200 day moving average price of C$1.38.
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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