Goldcliff Resource (CVE:GCN) Trading 20% Higher – Time to Buy?

Shares of Goldcliff Resource Co. (CVE:GCNGet Free Report) rose 20% on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 227,104 shares changed hands during mid-day trading, an increase of 153% from the average daily volume of 89,849 shares. The stock had previously closed at C$0.05.

Goldcliff Resource Price Performance

The company has a quick ratio of 5.30, a current ratio of 0.17 and a debt-to-equity ratio of 77.81. The firm’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.06. The stock has a market cap of C$4.11 million, a PE ratio of -5.00 and a beta of 1.92.

Goldcliff Resource Company Profile

(Get Free Report)

Goldcliff Resource Corporation engages in the acquisition, evaluation, and exploration of assets in Canada and the United States. It holds interest in Ainsworth, Panorama Ridge, Rand, Kettle Valley, and Aurora West Properties. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.

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