China Gold International Resources Corp. Ltd. (CGG:CA) Declines 5.38% for March 12

Equities Staff |

It was a tough day for China Gold International Resources Corp. Ltd. (CGG:CA) as its stock fell 5.38% to finish the day at $2.99 a share on March 12. That reduces the company’s market cap to 1.19 billion on 396.41 million outstanding shares. China Gold International Resources Corp. Ltd. is a component of the the S&P/TSX SmallCap Index.

309,832 shares exchanged hands over the course of the day as compared with an average daily volume of 274,390 over the last 30 days.

China Gold International Resources Corp Ltd is a gold mining entity. Its business includes acquisition, exploration and production of mineral properties.. China Gold International Resources Corp. Ltd. makes its home in Vancouver, BC, and currently has CEO Bing Liu at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $3.27 and a low of $1.82, and it’s currently sporting a 50-day SMA of $2.54 and a 200-day SMA of $2.16. The current P/E ratio stands at 29.7, with a P/B ratio of 0.63.

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China Gold International Resources Corp. Ltd. ($CGG:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

To get more information on China Gold International Resources Corp. Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: CGG:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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