Great Thunder Gold (CVE:GTG) Stock Crosses Below 50-Day Moving Average – Here’s Why

Great Thunder Gold Corp (CVE:GTGGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.48 and traded as low as C$0.45. Great Thunder Gold shares last traded at C$0.48, with a volume of 55,000 shares trading hands.

Great Thunder Gold Trading Up 5.5 %

The business has a 50-day moving average of C$0.48 and a 200-day moving average of C$0.48. The stock has a market capitalization of C$11.17 million and a price-to-earnings ratio of -21.82. The company has a debt-to-equity ratio of 9.75, a quick ratio of 0.11 and a current ratio of 0.13.

Great Thunder Gold Company Profile

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Great Thunder Gold Corp., an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company owns a 100% interest in the Valentine Mountain property that consists of 25 mineral claims covering an area of approximately 7,188 hectares and 2 overlying placer claims covering 43 hectares in British Columbia.

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