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Canadian Gold (CVE:CGC) Shares Up 3.7% - What's Next?

Canadian Gold logo with Basic Materials background

Canadian Gold Corp. (CVE:CGC - Get Free Report)'s stock price rose 3.7% during mid-day trading on Monday . The stock traded as high as C$0.29 and last traded at C$0.28. Approximately 147,362 shares were traded during mid-day trading, an increase of 109% from the average daily volume of 70,409 shares. The stock had previously closed at C$0.27.

Canadian Gold Trading Up 1.7 %

The stock has a fifty day moving average price of C$0.21 and a 200 day moving average price of C$0.18. The stock has a market cap of C$55.60 million, a PE ratio of -10.00 and a beta of 1.66. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.49 and a current ratio of 6.37.

Insiders Place Their Bets

In other Canadian Gold news, Director Wesley Clay Hanson sold 185,560 shares of the firm's stock in a transaction dated Monday, March 31st. The shares were sold at an average price of C$0.24, for a total value of C$43,606.60. 43.32% of the stock is owned by insiders.

About Canadian Gold

(Get Free Report)

Canadian Gold Corp. engages in the exploration and development of mineral properties in Canada. Its principal project is the Tartan Lake gold mine project that consists of 20 mineral claims covering an area of approximately 2,670 hectares located northeast of the town of Flin Flon, Manitoba, Canada. The company was formerly known as Satori Resources Inc and changed its name to Canadian Gold Corp.

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