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China Gold International Resources (TSE:CGG) Stock Price Passes Above 200-Day Moving Average - Here's Why

China Gold International Resources logo with Basic Materials background

China Gold International Resources Corp. Ltd. (TSE:CGG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$7.86 and traded as high as C$9.23. China Gold International Resources shares last traded at C$9.16, with a volume of 4,666 shares changing hands.

China Gold International Resources Price Performance

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 company's fifty day moving average is C$9.11 and its 200 day moving average is C$7.95. The stock has a market cap of C$2.43 billion, a PE ratio of -108.25 and a beta of 1.85.

China Gold International Resources Company Profile

(Get Free Report)

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.

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