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China Gold International Resources (TSE:CGG) Stock Price Passes Above 200 Day Moving Average - Here's Why

China Gold International Resources logo with Basic Materials background

Shares of China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.02 and traded as high as C$8.06. China Gold International Resources shares last traded at C$7.99, with a volume of 4,385 shares traded.

China Gold International Resources Trading Down 0.9 %

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's 50-day simple moving average is C$7.13 and its 200-day simple moving average is C$7.02. The company has a market cap of C$3.14 billion, a PE ratio of -28.29 and a beta of 1.85.

China Gold International Resources Company Profile

(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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