Big Tree Carbon (CVE:AGO) Shares Up 8%

Big Tree Carbon Inc. (CVE:AGOGet Rating)’s stock price shot up 8% during trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.14. 3,000 shares were traded during mid-day trading, a decline of 93% from the average session volume of 45,215 shares. The stock had previously closed at C$0.13.

The firm’s 50 day simple moving average is C$0.20 and its 200 day simple moving average is C$0.23. The company has a market cap of C$15.11 million and a price-to-earnings ratio of -7.11. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 6.66.

About Big Tree Carbon (CVE:AGO)

Big Tree Carbon Inc, a mineral exploration company, engages in the acquisition, exploration, and development of gold properties in Ontario, Canada. It owns 100% interests in the Richardson Lake gold property consisting of 123 mineral cell and 5-cell multicell mineral claims covering an area of approximately 2,220 hectares; and the Western Fold properties comprises 110 mineral cell claims totaling approximately 2,170 hectares located in Brownstone and Casummit Lake Area mining townships, as well as the Richardson North Extension Gold property consisting of 50 mineral cell claims covering an area of approximately 1,010 hectares.

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