Shares of GFG Resources Inc (CVE:GFG – Get Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.22 and last traded at C$0.21, with a volume of 202800 shares trading hands. The stock had previously closed at C$0.19.
GFG Resources Trading Up 10.8 %
The company has a quick ratio of 2.98, a current ratio of 1.66 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average price is C$0.16 and its two-hundred day moving average price is C$0.13. The firm has a market cap of C$49.32 million, a PE ratio of -4.10 and a beta of 2.21.
GFG Resources Company Profile
GFG Resources Inc engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It holds interests in the Montclerg gold project consisting of 5 patented and 110 unpatented mining claims located near the east of Timmins; the Pen gold project covers an area of approximately 475 square kilometers located near the southwest of the prolific gold district and town of Timmins; and the Dore gold project covers an area of approximately 212 square kilometers located in Ontario.
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