Goldcliff Resource (GCN) Hits New 1-Year Low at $0.05

Goldcliff Resource Co. (CVE:GCN) reached a new 52-week low on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 7000 shares traded. The stock had previously closed at C$0.07.

The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 143.71.

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About Goldcliff Resource (CVE:GCN)

Goldcliff Resource Corporation engages in the acquisition and exploration of exploration and evaluation assets in the United States and Canada. The company primarily explores for gold, silver, and copper deposits. Its primary asset is a 40% joint venture interest in the Pine Grove project encompassing approximately 4,586 acres of mineral rights, including patented and lode claims, located in Lyon County, Nevada.

See Also: What is a Leveraged Buyout (LBO)?

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