China Gold International Resources (TSE:CGG) Shares Cross Above 200-Day Moving Average – What’s Next?

China Gold International Resources Corp. Ltd. (TSE:CGGGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$14.46 and traded as high as C$24.03. China Gold International Resources shares last traded at C$23.19, with a volume of 69,544 shares trading hands.

China Gold International Resources Trading Down 6.5%

The company has a debt-to-equity ratio of 46.97, a current ratio of 1.68 and a quick ratio of 0.61. The stock’s fifty day moving average price is C$21.40 and its 200 day moving average price is C$14.46. The stock has a market capitalization of C$9.19 billion, a P/E ratio of 31.19 and a beta of 1.72.

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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