China Gold International Resources (TSE:CGG) Reaches New 12-Month High – Should You Buy?

China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$25.41 and last traded at C$25.41, with a volume of 37542 shares traded. The stock had previously closed at C$24.93.

China Gold International Resources Stock 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 stock has a fifty day moving average of C$18.25 and a 200-day moving average of C$13.16. The firm has a market capitalization of C$10.07 billion, a P/E ratio of 34.18 and a beta of 1.61.

About China Gold International Resources

(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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