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China Gold International Resources (TSE:CGG) Reaches New 12-Month High - Should You Buy?

China Gold International Resources logo with Basic Materials background

Key Points

  • China Gold International Resources reached a new 52-week high of C$25.41 during trading, indicating strong market performance with a trading volume of 37,542 shares.
  • The company has a market cap of C$10.07 billion and a price-to-earnings ratio of 34.18, reflecting its valuation in the market.
  • Primarily involved in gold and copper mining, China Gold operates two key mines in China: the CSH Mine and the Jiama Mine, with gold mining contributing the majority of its revenue.
  • Interested in China Gold International Resources? Here are five stocks we like better.

China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as C$25.41 and last traded at C$25.41, with a volume of 37542 shares traded. The stock had previously closed at C$24.93.

China Gold International Resources Stock Performance

The company has a debt-to-equity ratio of 46.97, a current ratio of 1.68 and a quick ratio of 0.61. The company has a market cap of C$10.07 billion, a price-to-earnings ratio of 34.18 and a beta of 1.61. The stock has a 50-day moving average price of C$18.25 and a 200 day moving average price of C$13.16.

China Gold International Resources Company Profile

(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.

Further Reading

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