GFG Resources Inc (CVE:GFG – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16, with a volume of 57500 shares changing hands. The stock had previously closed at C$0.16.
GFG Resources Stock Up 9.7 %
The firm has a market capitalization of C$40.90 million, a price-to-earnings ratio of -3.40 and a beta of 2.21. The firm has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.10. The company has a current ratio of 1.66, a quick ratio of 2.98 and a debt-to-equity ratio of 0.19.
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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