Golconda Gold (CVE:GG) Sets New 52-Week High – Here’s What Happened

Golconda Gold Ltd. (CVE:GGGet Free Report)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as C$4.09 and last traded at C$4.03, with a volume of 109452 shares. The stock had previously closed at C$3.82.

Golconda Gold Stock Performance

The company has a 50-day moving average of C$3.04 and a 200-day moving average of C$2.22. The company has a market cap of C$289.17 million, a PE ratio of 40.50 and a beta of 4.81. The company has a quick ratio of 0.20, a current ratio of 0.31 and a debt-to-equity ratio of 15.32.

Golconda Gold Company Profile

(Get Free Report)

Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties in Canada, the United States, and South Africa. It operates the Galaxy Property situated in the Republic of South Africa. The company was formerly known as Galane Gold Ltd. and changed its name to Golconda Gold Ltd. in October 2022. The company is headquartered in Toronto, Canada.

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