Shares of Canagold Resources Ltd. (TSE:CCM – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.31 and last traded at C$0.31, with a volume of 2933 shares traded. The stock had previously closed at C$0.30.
Canagold Resources Stock Performance
The stock has a market cap of C$52.08 million, a price-to-earnings ratio of -10.00 and a beta of 0.83. The business’s 50 day moving average is C$0.27 and its 200 day moving average is C$0.24. The company has a debt-to-equity ratio of 0.60, a current ratio of 9.81 and a quick ratio of 0.61.
About Canagold Resources
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake.
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