Century Global Commodities (TSE:CNT) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Century Global Commodities Co. (TSE:CNT) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Century Global Commodities shares last traded at C$0.03, with a volume of 2,000 shares traded.

Century Global Commodities Stock Performance

The company has a debt-to-equity ratio of 0.85, a quick ratio of 3.86 and a current ratio of 2.84. The stock’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$4.73 million, a price-to-earnings ratio of -3.41 and a beta of 0.74.

Century Global Commodities Company Profile

Century Global Commodities Corporation, together with its subsidiaries, is involved in the exploration and mining of mineral properties in Canada. It primarily explores and develops for iron ores, and precious and base metals. The company's flagship project is the Joyce Lake Property, a direct shipping iron ore project that comprises six mineral licenses, which include a total of 682 claims covering a total area of approximately 17,049 hectares located in Newfoundland and Labrador.