Amarillo Gold (CVE:AGC) Stock Price Up 2.4% – What’s Next?

Amarillo Gold Co. (CVE:AGCGet Free Report)’s share price rose 2.4% during trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 567,399 shares traded hands during 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 company has a quick ratio of 11.06, a current ratio of 11.17 and a debt-to-equity ratio of 3.40. The stock has a market capitalization of C$167.94 million and a P/E ratio of -33.46. The company has a fifty day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.44.

About Amarillo Gold

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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.

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