Golconda Gold Ltd. (CVE:GG – Get Free Report) fell 7.1% on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.26. 20,132 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 40,775 shares. The stock had previously closed at C$0.28.
Golconda Gold Price Performance
The company has a market capitalization of C$17.82 million, a P/E ratio of -6.25 and a beta of 2.80. The company has a quick ratio of 0.20, a current ratio of 0.33 and a debt-to-equity ratio of 16.35. The business has a 50 day simple moving average of C$0.30 and a 200-day simple moving average of C$0.27.
Golconda Gold Company Profile
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd.
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