China Gold International Resources (TSE:CGG) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

China Gold International Resources Corp. Ltd. (TSE:CGG)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$30.26 and traded as low as C$26.28. China Gold International Resources shares last traded at C$27.03, with a volume of 118,705 shares.

China Gold International Resources Stock Up 0.5%

The company has a market capitalization of C$10.72 billion, a price-to-earnings ratio of 17.40 and a beta of 2.01. The stock’s fifty day simple moving average is C$29.20 and its two-hundred day simple moving average is C$30.26. The company has a debt-to-equity ratio of 23.36, a current ratio of 2.03 and a quick ratio of 0.61.

China Gold International Resources (TSE:CGG) last issued its earnings results on Friday, May 15th. The company reported C$0.59 earnings per share for the quarter. China Gold International Resources had a net margin of 41.16% and a return on equity of 27.74%. During the same quarter in the previous year, the business earned $0.21 EPS. On average, sell-side analysts predict that China Gold International Resources Corp. Ltd. will post 6.2699998 earnings per share for the current fiscal year.

China Gold International Resources Company Profile

China Gold International Resources is a gold and base metal mining company incorporated in BC, Canada and operates two mines, the CSH Gold Mine in Inner Mongolia, China and the Jiama Copper-Gold Polymetallic Mine in Tibet, China. The Company’s objective is to build shareholder value through growing production at its current mining operations, expanding its resource base, and acquiring and developing new projects internationally. The Company is listed on the Toronto Stock Exchange (TSX: CGG) and the Main Board of The Stock Exchange of Hong Kong Limited (HKE X: 2099).