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

China Gold International Resources logo with Basic Materials background

China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as C$10.50 and last traded at C$10.52, with a volume of 53544 shares changing hands. The stock had previously closed at C$10.43.

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 fifty day moving average price of C$9.36 and a 200 day moving average price of C$8.41. The stock has a market cap of C$2.89 billion, a P/E ratio of -128.81 and a beta of 1.85.

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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