Algold Resources (CVE:ALG) Sets New 52-Week Low at $0.08

Algold Resources Ltd (CVE:ALG)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 2000 shares. The stock had previously closed at C$0.09.

The company’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.17. The company has a quick ratio of 0.03, a current ratio of 0.04 and a debt-to-equity ratio of 19.21. The firm has a market capitalization of $2.37 million and a price-to-earnings ratio of -0.27.

Algold Resources Company Profile (CVE:ALG)

Algold Resources Ltd. acquires, explores, and develops gold mining properties in Mauritania, West Africa. The Tijirit property covering an area of approximately 1,400 square kilometers located in the Tijirit area; the Kneivissat property covering an area of 830 square kilometers; and the Legouessi exploration license located to the north of Nouakchott.

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