Plato Gold (CVE:PGC) Shares Down 33.3%

Plato Gold Corp (CVE:PGC)’s stock price was down 33.3% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, approximately 1,700 shares were traded during trading. A decline of 99% from the average daily volume of 137,101 shares. The stock had previously closed at C$0.03.

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market capitalization of $6.03 million and a P/E ratio of 20.00. The firm’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.02.

About Plato Gold (CVE:PGC)

Plato Gold Corp., a junior exploration company, engages in the exploration, evaluation, and development of gold mineral properties in Canada and Argentina. Its principal property is the Good Hope Niobium project that consists of a total of 19 claims; 263 claim units; and 4,208 hectares in Killala Lake Area and Cairngorm Lake Area Townships, northwest of Marathon, Ontario.

Further Reading: What is a Leveraged Buyout (LBO)?

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