Goldgroup Mining (TSE:GGA) Hits New 12-Month Low at $0.04

Shares of Goldgroup Mining Inc (TSE:GGA) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 161000 shares. The stock had previously closed at C$0.05.

The stock’s 50-day moving average price is C$0.05 and its 200-day moving average price is C$0.05. The company has a market capitalization of $8.33 million and a price-to-earnings ratio of -2.37. The company has a quick ratio of 0.13, a current ratio of 0.48 and a debt-to-equity ratio of 38.10.

About Goldgroup Mining (TSE:GGA)

Goldgroup Mining Inc, together with its subsidiaries, focuses in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds 100% interests in the Cerro Prieto Mine in the state of Sonora; the Cerro Colorado Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador.

Further Reading: Special Dividends

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