Canagold Resources Ltd. (
TSE:CCM -
Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.42 and traded as high as C$0.49. Canagold Resources shares last traded at C$0.48, with a volume of 51,848 shares traded.
Canagold Resources Price Performance
The stock has a market capitalization of C$58.29 million, a P/E ratio of -14.40 and a beta of 0.84. The business has a fifty day simple moving average of C$0.42 and a 200-day simple moving average of C$0.38. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.61 and a current ratio of 2.34.
Insider Activity
In other Canagold Resources news, Senior Officer Catalin Kilofliski sold 93,966 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of C$0.45, for a total transaction of C$42,284.70. Insiders own 9.17% of the company's stock.
About Canagold Resources
(
Get Free Report)
Canagold owns a portfolio of Gold and Silver projects located in North America. The company's flagship asset is New Polaris - an advanced and past-producing, high-grade gold project in northern British Columbia, Canada. The company has a fully funded work program underway at New Polaris, and is currently advancing the project to feasibility status.
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