ks Investment Research research analysts reiterated a neutral rating for shares of Capital Gold Co. (NYSE: CGC) in a research note issued to investors on Monday.
Capital Gold Co. (NYSE: CGC)s stock traded up 0.20% on Friday, hitting $4.90. Capital Gold Co. has a 52 week range of $2.10 to $5.43. The stocks 50-day moving average is $4.81 and its 200-day moving average is $4.16. Analysts predict on average that Capital Gold Co. will post $0.00 earnings per share next quarter. The company has a market cap of $300.5 million and a P/E (price-to-earnings ratio) of 20.55.
About Capital Gold Co. (NYSE: CGC)
Capital Gold Corporation (Capital Gold) is engaged in the mining, exploration and development of gold properties in Mexico. The Companyâs 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 Companyâs 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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