Canagold Resources (TSE:CCM) Posts Quarterly Earnings Results

Canagold Resources (TSE:CCM) issued its quarterly earnings results on Friday. The mining company reported C$0.00 earnings per share (EPS) for the quarter, FiscalAI reports.

Canagold Resources Stock Performance

Shares of CCM stock traded down C$0.01 during trading hours on Friday, reaching C$0.42. 81,312 shares of the company’s stock were exchanged, compared to its average volume of 40,709. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.34 and a quick ratio of 0.61. The company’s 50 day moving average is C$0.46 and its two-hundred day moving average is C$0.43. The company has a market cap of C$80.44 million, a P/E ratio of -41.50 and a beta of 0.29. Canagold Resources has a 1 year low of C$0.27 and a 1 year high of C$0.51.

Canagold Resources Company Profile

Canagold owns a portfolio of Gold and Silver projects located in North America. The company’s flagship asset is New Polaris – an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status.