Goldgroup Mining (GGA) Trading Down 14.3%

Goldgroup Mining (GGA) Trading Down 14.3%

Goldgroup Mining Inc (TSE:GGA)’s share price fell 14.3% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.06. 550,230 shares were traded during trading, an increase of 639% from the average session volume of 74,437 shares. The stock had previously closed at C$0.07.

The company has a quick ratio of 0.14, a current ratio of 0.55 and a debt-to-equity ratio of 29.48. The company has a market cap of $9.26 million and a PE ratio of -3.53.

Goldgroup Mining Company Profile (TSE:GGA)

Goldgroup Mining Inc, together with its subsidiaries, focuses in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds 100% interests in the Cerro Prieto Mine in the state of Sonora; the Cerro Colorado Mine in the state of Sonora; and the San José de Gracia project located in Sinaloa State, Mexico, as well as a 35% interest with an option to acquire 80% interests in the El Mozo Project in southern Ecuador.

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