Canadian Gold (CVE:CGC) Hits New 12-Month High – Here’s What Happened

by · The Cerbat Gem

Canadian Gold Corp. (CVE:CGC – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$0.29 and last traded at C$0.27, with a volume of 269463 shares. The stock had previously closed at C$0.26.

Canadian Gold Stock Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.49 and a current ratio of 6.37. The stock has a market cap of C$44.48 million, a P/E ratio of -8.00 and a beta of 1.66. The stock has a fifty day simple moving average of C$0.19 and a 200-day simple moving average of C$0.17.

Insider Buying and Selling at Canadian Gold

In other news, Director Wesley Clay Hanson sold 185,560 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of C$0.24, for a total transaction of C$43,606.60. Company insiders own 43.32% of the company’s stock.

Canadian Gold Company Profile

(Get Free Report)

Canadian Gold Corp. engages in the exploration and development of mineral properties in Canada. Its principal project is the Tartan Lake gold mine project that consists of 20 mineral claims covering an area of approximately 2,670 hectares located northeast of the town of Flin Flon, Manitoba, Canada. The company was formerly known as Satori Resources Inc and changed its name to Canadian Gold Corp.

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