Golconda Gold (CVE:GG) Trading Up 6.8% – What’s Next?

Golconda Gold Ltd. (CVE:GG – Get Free Report)’s share price traded up 6.8% during mid-day trading on Monday . The company traded as high as C$2.24 and last traded at C$2.19. 153,248 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 128,334 shares. The stock had previously closed at C$2.05.

Golconda Gold Stock Up 6.8%

The firm has a 50 day moving average of C$1.98 and a two-hundred day moving average of C$1.38. The stock has a market capitalization of C$156.37 million, a PE ratio of 21.90 and a beta of 4.24. The company has a current ratio of 0.31, a quick ratio of 0.20 and a debt-to-equity ratio of 15.32.

About Golconda Gold

(Get Free Report)

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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