China Gold International Resources (TSE:CGG) Announces Quarterly Earnings Results

China Gold International Resources (TSE:CGG) released its quarterly earnings results on Friday. The company reported C$0.59 earnings per share for the quarter, RTT News reports. China Gold International Resources had a return on equity of 27.74% and a net margin of 41.16%.During the same period in the previous year, the business earned $0.21 earnings per share.

China Gold International Resources Trading Down 6.4%

China Gold International Resources stock opened at C$27.81 on Friday. The stock has a 50-day moving average price of C$29.50 and a 200 day moving average price of C$29.89. China Gold International Resources has a 52 week low of C$8.91 and a 52 week high of C$43.93. The stock has a market cap of C$11.02 billion, a PE ratio of 23.61 and a beta of 2.01. The company has a current ratio of 2.03, a quick ratio of 0.61 and a debt-to-equity ratio of 23.36.

About China Gold International Resources

China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The Company’s objective is to build shareholder value through growing production at its current mining operations, expanding its resource base, and acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKE X: 2099).