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China Gold International Resources (TSE:CGG) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

China Gold International Resources logo with Basic Materials background

China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$7.29 and traded as low as C$7.10. China Gold International Resources shares last traded at C$7.24, with a volume of 6,000 shares trading hands.

China Gold International Resources Stock Down 1.5 %

The company has a debt-to-equity ratio of 46.68, a quick ratio of 0.61 and a current ratio of 1.58. The business's 50 day moving average is C$6.57 and its 200-day moving average is C$7.29. The stock has a market cap of C$2.83 billion, a price-to-earnings ratio of -25.32 and a beta of 1.85.

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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