Canagold Resources (TSE:CCM) Sets New 52-Week Low at $0.29

Shares of Canagold Resources Ltd. (TSE:CCMGet Rating) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.29 and last traded at C$0.30, with a volume of 63500 shares trading hands. The stock had previously closed at C$0.29.

The company has a market cap of C$25.54 million and a PE ratio of -7.56. The company has a current ratio of 3.18, a quick ratio of 3.18 and a debt-to-equity ratio of 0.08. The business’s 50 day moving average is C$0.37 and its two-hundred day moving average is C$0.39.

Canagold Resources Company Profile (TSE:CCM)

Canagold Resources Ltd. engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. The company explores for gold, silver, and copper deposits. Its flagship property is its 100% interest in the New Polaris gold mine project that consist of 61 mineral claims and 1 grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley.

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