Inca One Gold (CVE:IO) Shares Pass Above 50-Day Moving Average – Here’s Why

by · The Markets Daily

Inca One Gold Corp. (CVE:IO – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.41 and traded as high as C$0.42. Inca One Gold shares last traded at C$0.41, with a volume of 37,727 shares trading hands.

Inca One Gold Stock Up 9.3%

The firm has a market capitalization of C$14.08 million and a price-to-earnings ratio of -5.86. The business has a 50 day simple moving average of C$0.41 and a 200-day simple moving average of C$0.41. The company has a debt-to-equity ratio of 127.03, a quick ratio of 0.25 and a current ratio of 1.31.

Inca One Gold Company Profile

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Inca One Gold Corp. operates as a Canadian-based mineral resource and mineral processing company with gold milling facilities in Peru. It develops and operates Chala One and Kori One gold-bearing mineral processing facilities. The company was formerly known as Inca One Resources Corp. and changed its name to Inca One Gold Corp. in September 2014. Inca One Gold Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada.

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