Shares of MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.08 and traded as high as C$0.09. MacDonald Mines Exploration shares last traded at C$0.09, with a volume of 26,780 shares.
MacDonald Mines Exploration Price Performance
The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.27 and a current ratio of 0.10. The firm has a market capitalization of C$3.24 million, a price-to-earnings ratio of -4.00 and a beta of 0.15. The business has a fifty day moving average of C$0.08 and a two-hundred day moving average of C$0.09.
MacDonald Mines Exploration Company Profile
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.
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