China Gold International Resources (TSE:CGG) Shares Pass Above Two Hundred Day Moving Average of $5.48

China Gold International Resources Corp. Ltd. (TSE:CGG)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.48 and traded as high as C$5.73. China Gold International Resources shares last traded at C$5.61, with a volume of 6,855 shares.

China Gold International Resources Stock Up 0.9 %

The firm has a market cap of C$2.24 billion, a P/E ratio of 17.15 and a beta of 2.00. The stock’s fifty day moving average is C$5.22 and its two-hundred day moving average is C$5.48. The company has a current ratio of 1.65, a quick ratio of 0.61 and a debt-to-equity ratio of 41.39.

China Gold International Resources (TSE:CGG) last released its quarterly earnings results on Monday, August 14th. The company reported C($0.18) earnings per share for the quarter. China Gold International Resources had a return on equity of 5.40% and a net margin of 11.31%. The company had revenue of C$98.08 million during the quarter. As a group, research analysts anticipate that China Gold International Resources Corp. Ltd. will post 6.2699998 earnings per share for the current year.

About China Gold International Resources

China Gold International Resources Corp. Ltd., a gold and base metal mining company, acquires, explores for, develops, and mines mineral properties in the People's Republic of China. It primarily holds 96.5% interest in the Chang Shan Hao gold mine located in Inner Mongolia; and holds interest in the Jiama copper-gold polymetallic mine that hosts copper, gold, molybdenum, silver, lead, and zinc metals located in Tibet.