China Gold International Resources Corp. Ltd. saw its share price cross above its 200-day moving average on Tuesday, signaling a potential uptrend for the company. Trading as high as C$9.50, the stock closed at C$9.49 with a volume of 9,321 shares traded. The company’s quick ratio of 0.61, current ratio of 1.57, and debt-to-equity ratio of 47.25 indicate a stable financial position. With a market cap of C$3.76 billion, a P/E ratio of -20.19, and a beta of 2.02, China Gold International Resources remains an attractive investment option.
In its most recent earnings report on May 16th, the company reported C($0.09) EPS for the quarter with revenue of C$81.62 million. Despite a negative net margin of 48.49% and a negative return on equity of 7.18%, analysts are optimistic about the company’s future performance. The average prediction is that China Gold International Resources Corp. Ltd. will post 6.2699998 EPS for the current year.
China Gold International Resources Corp. Ltd. is a gold and base metal mining company with significant interests in the Chang Shan Hao gold mine in Inner Mongolia and the Jiama copper-gold polymetallic mine in Tibet. Investors are encouraged to keep an eye on this company as it continues to show potential for growth and profitability in the mining industry. Subscribe to MarketBeat.com’s daily email newsletter for the latest news and updates on China Gold International Resources.
