EnGold Mines (CVE:EGM) Sets New 1-Year High – Should You Buy?

Shares of EnGold Mines Ltd. (CVE:EGMGet Free Report) hit a new 52-week high on Thursday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.08.

EnGold Mines Stock Performance

The company has a current ratio of 0.01, a quick ratio of 0.11 and a debt-to-equity ratio of 29.40. The company has a market cap of C$3.53 million, a P/E ratio of -8.50 and a beta of 0.42. The company has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.07.

About EnGold Mines

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EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. The company explores for gold, copper, and silver deposits. It holds 100% interest in the Lac La Hache property covering an area of 25,750 hectares located in the Cariboo region of central British Columbia, Canada. The company was formerly known as GWR Resources Inc and changed its name to EnGold Mines Ltd. in May 2016. EnGold Mines Ltd. was incorporated in 1987 and is based in Vancouver, Canada.

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