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China Gold International Resources (TSE:CGG) Shares Cross Above Two Hundred Day Moving Average - Here's Why

China Gold International Resources logo with Basic Materials background

China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$6.95 and traded as high as C$8.44. China Gold International Resources shares last traded at C$8.34, with a volume of 5,699 shares trading hands.

China Gold International Resources Price Performance

The firm has a market capitalization of C$3.51 billion, a price-to-earnings ratio of -31.64 and a beta of 1.85. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 46.68. The business has a 50-day moving average price of C$7.52 and a two-hundred day moving average price of C$6.94.

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.

Further Reading

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