Contact Gold (CVE:C) Hits New 1-Year High at $0.04

Contact Gold Corp. (CVE:CGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04, with a volume of 32100 shares changing hands. The stock had previously closed at C$0.03.

Contact Gold Stock Performance

The firm has a market cap of C$10.57 million, a price-to-earnings ratio of -3.00 and a beta of 0.95. The firm’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.02. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.12.

About Contact Gold

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Contact Gold Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company primarily explores for gold deposits. It principally holds interests in the Green Springs Property that comprises 261 unpatented mining claims covering approximately 18 square kilometers located in White Pine County, Nevada; and the Pony Creek Property, which includes 792 unpatented mining claims covering approximately 82 square kilometers situated in Elko County, Nevada.

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