Century Global Commodities (TSE:CNT) Shares Pass Above 50-Day Moving Average of $0.08

Century Global Commodities Co. (TSE:CNT – Get Rating) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.08 and traded as high as C$0.09. Century Global Commodities shares last traded at C$0.09, with a volume of 26,000 shares traded.

Century Global Commodities Trading Up 21.4 %

The stock’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.09. The company has a quick ratio of 3.86, a current ratio of 4.42 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of C$8.37 million, a PE ratio of -8.50 and a beta of 0.86.

About Century Global Commodities

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Century Global Commodities Corporation, together with its subsidiaries, engages 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.