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In a remarkable display of market confidence, Central Fund of Canada Limited (CEF) stock has soared to an all-time high, reaching a price level of $27.23. With a market capitalization of $5.5 billion and an attractive P/E ratio of 3.64, the company demonstrates strong fundamental value. InvestingPro analysis reveals the company maintains exceptional liquidity, with a current ratio of nearly 78,000. This peak represents a significant milestone for the company, underscoring a period of robust performance amidst fluctuating market conditions. Over the past year, CEF has witnessed an impressive 1-year change, with its value climbing by ~37%, supported by remarkable revenue growth of 248%. According to InvestingPro, which offers 6 additional investment tips for CEF, the company maintains a "GREAT" overall financial health score of 3.48, with notably low market volatility indicated by a beta of 0.09, potentially signaling a positive outlook for its future financial health.
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