EnGold Mines (CVE:EGM) Sets New 1-Year High – Here’s Why

EnGold Mines Ltd. (CVE:EGMGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 83001 shares. The stock had previously closed at C$0.07.

EnGold Mines Price Performance

The stock has a market cap of C$3.32 million, a price-to-earnings ratio of -8.00 and a beta of 0.67. The company has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06. The company has a current ratio of 0.01, a quick ratio of 0.11 and a debt-to-equity ratio of 29.40.

About EnGold Mines

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EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd. in May 2016. EnGold Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.

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