Century Global Commodities (TSE:CNT) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Century Global Commodities Co. (TSE:CNT)’s stock price crossed below its 50 day moving average during trading on Thursday . 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 58,000 shares changing hands.

Century Global Commodities Price Performance

The company has a current ratio of 2.67, a quick ratio of 3.86 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a market cap of C$3.55 million, a PE ratio of -1.50 and a beta of 0.74.

About Century Global Commodities

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.