Goldgroup Mining (TSE:GGA) Shares Cross Above Two Hundred Day Moving Average of $0.05

Goldgroup Mining Inc (TSE:GGA)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.05 and traded as high as $0.04. Goldgroup Mining shares last traded at $0.04, with a volume of 15,000 shares trading hands.

The firm has a market cap of $7.41 million and a price-to-earnings ratio of -2.86. The company has a quick ratio of 0.19, a current ratio of 0.58 and a debt-to-equity ratio of 29.53. The stock has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.05.

Goldgroup Mining Company Profile (TSE:GGA)

Goldgroup Mining Inc, together with its subsidiaries, focuses in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds 100% interests in the Cerro Prieto Mine in the state of Sonora; the Cerro Colorado Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador.

Further Reading: Dividend

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