GFG Resources (CVE:GFG) Reaches New 1-Year High - Here's What Happened

GFG Resources Inc (CVE:GFG - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.22 and last traded at C$0.22, with a volume of 187494 shares. The stock had previously closed at C$0.21.

GFG Resources Trading Up 2.3 %

The stock's fifty day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.17. The firm has a market cap of C$57.76 million, a PE ratio of -58.88 and a beta of 2.21. The company has a quick ratio of 2.98, a current ratio of 2.33 and a debt-to-equity ratio of 0.13.

About GFG Resources

GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.