Century Global Commodities (TSE:CNT) Hits New 12-Month Low – Here’s Why

Shares of Century Global Commodities Co. (TSE:CNT) reached a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 15,033 shares trading hands. The stock had previously closed at C$0.04.

Century Global Commodities Price Performance

The company has a quick ratio of 3.85, a current ratio of 2.54 and a debt-to-equity ratio of 0.92. The company has a market capitalization of C$3.55 million, a P/E ratio of -3.00 and a beta of -1.03. The business has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

About Century Global Commodities

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.