Century Global Commodities (TSE:CNT) Shares Down 29% – Time to Sell?

Shares of Century Global Commodities Co. (TSE:CNT) traded down 29% during trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 291,706 shares were traded during trading, an increase of 291% from the average daily volume of 74,523 shares. The stock had previously closed at C$0.15.

Century Global Commodities Stock Down 25.8%

The firm has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$13.59 million, a P/E ratio of -11.50 and a beta of -0.80. The company has a quick ratio of 3.85, a current ratio of 2.75 and a debt-to-equity ratio of 1.07.

Century Global Commodities (TSE:CNT) last announced its earnings results on Friday, June 26th. The company reported C($0.01) earnings per share (EPS) for the quarter. Century Global Commodities had a negative return on equity of 4.38% and a negative net margin of 5.29%.The company had revenue of C$3.11 million for the quarter.

About Century Global Commodities

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.