China Gold International Resources (TSE:CGG) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

by · The Cerbat Gem

China Gold International Resources Corp. Ltd. (TSE:CGG – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$7.02 and traded as high as C$8.06. China Gold International Resources shares last traded at C$7.99, with a volume of 4,385 shares.

China Gold International Resources Price Performance

The company’s 50-day simple moving average is C$7.17 and its 200 day simple moving average is C$7.01. The company has a debt-to-equity ratio of 46.68, a quick ratio of 0.61 and a current ratio of 1.58. The company has a market cap of C$3.29 billion, a PE ratio of -29.64 and a beta of 1.85.

About China Gold International Resources

(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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