Terraco Gold (CVE:TEN) Shares Pass Above 50 Day Moving Average – What’s Next?

Terraco Gold Corp (CVE:TENGet Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.14 and traded as high as C$0.15. Terraco Gold shares last traded at C$0.15, with a volume of 1,837,916 shares changing hands.

Terraco Gold Trading Down 3.3 %

The company has a debt-to-equity ratio of 43.73, a quick ratio of 0.16 and a current ratio of 0.21. The company has a market capitalization of C$26.44 million and a price-to-earnings ratio of -6.90. The firm has a fifty day moving average price of C$0.14 and a 200-day moving average price of C$0.14.

About Terraco Gold

(Get Free Report)

Terraco Gold Corp., a precious metals royalty and exploration company, engages in the acquisition and exploration of mineral properties in the United States. It holds a 100% interest in the Almaden project, which consists of 12 leased patented lode mining claims, 208 unpatented lode mining claims, and approximately 280 acres of private fee ground located in Washington County, Idaho.

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