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China Gold International Resources (TSE:CGG) Sets New 12-Month High - Still a Buy?

China Gold International Resources logo with Basic Materials background

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China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as C$14.38 and last traded at C$14.34, with a volume of 7458 shares. The stock had previously closed at C$14.00.

China Gold International Resources Trading Down 1.6%

The firm has a market cap of C$4.31 billion, a PE ratio of -191.73 and a beta of 1.85. The company has a quick ratio of 0.61, a current ratio of 1.68 and a debt-to-equity ratio of 46.97. The stock's fifty day simple moving average is C$12.57 and its two-hundred day simple moving average is C$10.52.

About China Gold International Resources

(Get Free Report)

China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production.

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