Shares of Guyana Goldstrike Inc (CVE:GYA) reached a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 14000 shares. The stock had previously closed at C$0.05.
Separately, Fundamental Research set a C$0.33 target price on shares of Guyana Goldstrike and gave the stock a “buy” rating in a research report on Wednesday, August 28th.
The firm has a market cap of $2.34 million and a PE ratio of -0.69. The company has a current ratio of 0.64, a quick ratio of 0.23 and a debt-to-equity ratio of 14.97. The company has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.11.
Guyana Goldstrike Inc engages in the acquisition, exploration, and development of resource properties. It explores for gold deposits. The company's flagship property is the Marudi Gold Project that covers an area of approximately 13,500 acres located in Guyana, South America. The company was formerly known as Swift Resources Inc and changed its name to Guyana Goldstrike Inc in March 2017.
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