EnGold Mines (CVE:EGM) Stock Price Up 21.4% – Should You Buy?

EnGold Mines Ltd. (CVE:EGMGet Free Report)’s stock price rose 21.4% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 148,638 shares were traded during trading, an increase of 390% from the average daily volume of 30,308 shares. The stock had previously closed at C$0.07.

EnGold Mines Trading Up 21.4%

The company has a debt-to-equity ratio of 29.40, a quick ratio of 0.11 and a current ratio of 0.01. The company has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. The company has a market capitalization of C$3.52 million, a P/E ratio of -8.50 and a beta of 0.41.

EnGold Mines Company Profile

(Get Free Report)

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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