Algold Resources Ltd. (ALG.V) (CVE:ALG) Trading Down 3.3%

Algold Resources Ltd. (ALG.V) (CVE:ALG)’s stock price fell 3.3% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.15. 17,800 shares were traded during mid-day trading, a decline of 45% from the average session volume of 32,624 shares. The stock had previously closed at C$0.15.

Algold Resources Ltd. (ALG.V) Stock Down 3.3 %

The firm has a market capitalization of C$4.04 million and a PE ratio of -0.44. The business’s fifty day moving average price is C$0.14 and its 200 day moving average price is C$0.14. The company has a quick ratio of 0.03, a current ratio of 0.04 and a debt-to-equity ratio of 19.21.

About Algold Resources Ltd. (ALG.V)

Algold Resources Ltd., a junior mineral exploration company, acquires, explores, and develops gold mining properties in Mauritania, West Africa. It holds interests in the Tijirit property covering an area of approximately 2,200 square kilometers located in Mauritania; Kneivissat property totaling an area of 830 square kilometers; and Legouessi exploration license located to the north of Nouakchott.