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China Gold International Resources (TSE:CGG) Hits New 12-Month High - Here's Why

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China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as C$9.76 and last traded at C$9.74, with a volume of 28741 shares traded. The stock had previously closed at C$9.37.

China Gold International Resources Trading Down 0.3 %

The stock has a market cap of C$2.71 billion, a P/E ratio of -120.88 and a beta of 1.85. The firm's fifty day moving average price is C$8.52 and its two-hundred day moving average price is C$7.19. The company has a debt-to-equity ratio of 46.97, a current ratio of 1.68 and a quick ratio of 0.61.

About China Gold International Resources

(Get Free Report)

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.

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