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China Gold International Resources (TSE:CGG) Reaches New 1-Year High - Still a Buy?

China Gold International Resources logo with Basic Materials background

China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$12.97 and last traded at C$12.32, with a volume of 5619 shares trading hands. The stock had previously closed at C$12.17.

China Gold International Resources Stock Up 7.6%

The firm has a market cap of C$3.44 billion, a PE ratio of -153.33 and a beta of 1.85. The stock has a 50-day simple moving average of C$11.62 and a two-hundred day simple moving average of C$9.78. The company has a quick ratio of 0.61, a current ratio of 1.68 and a debt-to-equity ratio of 46.97.

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.

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