Shares of GFG Resources Inc (CVE:GFG – Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$0.14 and last traded at C$0.13, with a volume of 825400 shares. The stock had previously closed at C$0.12.
GFG Resources Trading Up 17.4 %
The business’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.08. The company has a current ratio of 1.66, a quick ratio of 2.98 and a debt-to-equity ratio of 0.19. The company has a market capitalization of C$32.48 million, a PE ratio of -2.30 and a beta of 2.19.
GFG Resources Company Profile
GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.
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