Shares of Golconda Gold Ltd. (CVE:GG – Get Free Report) were down 10% on Friday . The stock traded as low as C$0.25 and last traded at C$0.27. Approximately 112,498 shares were traded during mid-day trading, an increase of 361% from the average daily volume of 24,400 shares. The stock had previously closed at C$0.30.
Golconda Gold Stock Down 7.4 %
The firm has a 50 day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.28. The company has a market capitalization of C$17.82 million, a PE ratio of -6.25 and a beta of 2.80. The company has a current ratio of 0.33, a quick ratio of 0.20 and a debt-to-equity ratio of 16.35.
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.
Featured Stories
- Five stocks we like better than Golconda Gold
- Consumer Staples Stocks, Explained
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Stock Market Sectors: What Are They and How Many Are There?
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- Why Invest in High-Yield Dividend Stocks?
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Golconda Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Golconda Gold and related companies with MarketBeat.com's FREE daily email newsletter.
