Century Global Commodities (TSE:CNT) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Century Global Commodities Co. (TSE:CNT)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.03, with a volume of 77,000 shares.

Century Global Commodities Stock Down 16.7 %

The company has a market capitalization of C$2.96 million, a price-to-earnings ratio of -2.13 and a beta of 0.74. The business’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a quick ratio of 3.86, a current ratio of 2.84 and a debt-to-equity ratio of 0.85.

About Century Global Commodities

Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.