Goldgroup Mining (TSE:GGA) Stock Price Up 33.3%

Goldgroup Mining Inc (TSE:GGA)’s stock price rose 33.3% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04, approximately 115,742 shares traded hands during mid-day trading. An increase of 69% from the average daily volume of 68,287 shares. The stock had previously closed at C$0.03.

The company has a market capitalization of $7.41 million and a P/E ratio of -1.82. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a current ratio of 0.58, a quick ratio of 0.14 and a debt-to-equity ratio of 50.56.

Goldgroup Mining Company Profile (TSE:GGA)

Goldgroup Mining Inc, together with its subsidiaries, focuses in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds 100% interests in the Cerro Prieto Mine in the state of Sonora; the Cerro Colorado Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador.

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