Century Global Commodities (TSE:CNT) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Century Global Commodities Co. (TSE:CNTGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.03, with a volume of 58,000 shares traded.

Century Global Commodities Stock Down 16.7 %

The stock has a market cap of C$2.96 million, a price-to-earnings ratio of -1.25 and a beta of 0.74. The company has a current ratio of 2.67, a quick ratio of 3.86 and a debt-to-equity ratio of 0.98. The stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03.

About Century Global Commodities

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Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.

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