Century Global Commodities (TSE:CNT) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Century Global Commodities Co. (TSE:CNT) crossed below its 50-day moving average during trading on Monday . The stock has a 50-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 1,000 shares changing hands.

Century Global Commodities Price Performance

The stock has a market capitalization of C$3.55 million, a price-to-earnings ratio of -2.55 and a beta of 0.74. The business’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.84 and a quick ratio of 3.86.

Century Global Commodities Company Profile

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.