Goldcliff Resource (CVE:GCN) Trading Down 14.3% – Here’s Why
by Danessa Lincoln · The Markets DailyGoldcliff Resource Co. (CVE:GCN – Get Free Report) shares dropped 14.3% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 237,440 shares traded hands during mid-day trading, an increase of 201% from the average session volume of 78,999 shares. The stock had previously closed at C$0.04.
Goldcliff Resource Stock Performance
The business has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The firm has a market capitalization of C$2.43 million, a price-to-earnings ratio of -5.00 and a beta of 0.93. The company has a quick ratio of 5.30, a current ratio of 0.17 and a debt-to-equity ratio of 77.81.
About Goldcliff Resource
Goldcliff Resource Corporation engages in the acquisition, evaluation, and exploration of assets in Canada and the United States. It holds interest in Ainsworth, Panorama Ridge, Rand, Kettle Valley, and Aurora West Properties. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.