Energold Drilling (EGD) Trading Up 56%

Energold Drilling Corp (CVE:EGD)’s share price was up 56% on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 504,046 shares changed hands during mid-day trading, an increase of 707% from the average daily volume of 62,440 shares. The stock had previously closed at C$0.13.

The stock has a market cap of $7.11 million and a price-to-earnings ratio of -0.47. The company has a current ratio of 2.31, a quick ratio of 0.89 and a debt-to-equity ratio of 64.78.

Energold Drilling (CVE:EGD) last issued its quarterly earnings data on Friday, April 26th. The company reported C($0.13) earnings per share for the quarter. The firm had revenue of C$14.52 million for the quarter.

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About Energold Drilling (CVE:EGD)

Energold Drilling Corp., together with its subsidiaries, provides drilling services primarily in Mexico, the Caribbean, rest of North America, Central America, South America, Europe, and Africa. The company operates through three segments: Minerals, Energy, and Manufacturing. It offers mineral drilling services, including surface and underground drilling, and conventional drilling services; and oil sands coring, shot hole seismic, and geothermal and geotechnical drilling services, as well as water well drilling services, such as mine pit de-watering, mine water supply, mine hydrogeological characterization and well monitoring, and rural and urban water well drilling schemes, as well as offers horizontal directional drilling services.

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