Amarillo Gold (CVE:AGC) Shares Up 2.4% – Should You Buy?
by Mitch Edgeman · The Markets DailyAmarillo Gold Co. (CVE:AGC – Get Free Report)’s share price rose 2.4% during mid-day trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 567,399 shares changed hands during mid-day trading, an increase of 70% from the average daily volume of 333,230 shares. The stock had previously closed at C$0.43.
Amarillo Gold Trading Up 2.4%
The firm has a market capitalization of C$167.94 million and a PE ratio of -33.46. The stock’s 50-day moving average price is C$0.43 and its 200 day moving average price is C$0.44. The company has a debt-to-equity ratio of 3.40, a current ratio of 11.17 and a quick ratio of 11.06.
Amarillo Gold Company Profile
Amarillo Gold Corporation, a gold exploration company, engages in the acquisition and exploration of mineral properties, primarily in Brazil. The company's flagship property is the Mara Rosa project that comprises an area of 6,940 hectares of exploration tenements; and mining concessions, which cover an area totaling 2,553 hectares located near the village of Mara Rosa in the State of Goias. Amarillo Gold Corporation is based in Toronto, Canada. As of April 1, 2022, Amarillo Gold Corporation operates as a subsidiary of Hochschild Mining plc.