Canagold Resources Ltd. (TSE:CCM – Get Free Report) shares shot up 4.3% on Wednesday . The stock traded as high as C$0.74 and last traded at C$0.73. Approximately 126,754 shares traded hands during trading, an increase of 149% from the average daily volume of 50,886 shares. The stock had previously closed at C$0.70.
Canagold Resources Price Performance
The stock has a market cap of C$160.46 million, a P/E ratio of -75.00 and a beta of 0.79. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.61 and a current ratio of 2.23. The firm has a 50-day moving average price of C$0.58 and a 200-day moving average price of C$0.56.
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. CanaGold is managed by an experienced team with a strong track record of exploration, development and finance.
Featured Stories
- Five stocks we like better than Canagold Resources
- Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
- AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact
- 5 Buy-and-Hold Stocks Built to Weather a Volatile Market
- Movado’s Turnaround Gains Momentum
Receive News & Ratings for Canagold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canagold Resources and related companies with MarketBeat.com's FREE daily email newsletter.
