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Capital Gold Corporation (AMEX:CGC) surged 1.63%, to close at $5.00 and its overall traded volume was 202,848.00 shares on Monday, with the total traded volume of 454,842.00 shares. CGC shares were trading within the range of $4.85-$5.00 while its opening price was $4.95. The stock has a 52 week low of $2.10 and 52 week high of $5.43. CGC’s market capitalization is $306.62M and it has 61.32M outstanding shares.Capital Gold Corporation (Capital Gold) is engaged in the mining, exploration and development of gold properties in Mexico. The Company’s focus is on the operation and development of the El Chanate project, as well as the development of its Orion Project in the State of Nayarit Mexico. The Company’s Orion Project lies in the Sierra Madre Occidental, a prolific mining district in Western Mexico. It also conducts gold exploration in other locations in Sonora, Mexico. Through wholly owned subsidiaries, Capital Gold Corporation owns 100% of 21 mining concessions located in the State of Sonora, Republic of Mexico totaling approximately 9,665 hectares (23,873 acres or 37.3 square miles). On August 2, 2010, the Company completed the acquisition of Nayarit Gold, Inc. (Nayarit). Through this acquisition it controls approximately 257,000 acres (104,000 hectares) of mining concessions known as the Orion Project.

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