Century Global Commodities (TSE:CNT) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Century Global Commodities Co. (TSE:CNT)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.03, with a volume of 80,000 shares.

Century Global Commodities Price Performance

The company has a debt-to-equity ratio of 0.98, a quick ratio of 3.86 and a current ratio of 2.67. The business’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$2.96 million, a price-to-earnings ratio of -1.25 and a beta of 0.74.

About Century Global Commodities

Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.