Maple Gold Mines Ltd. (OTCMKTS:MGMLF – Get Free Report)’s share price rose 0.5% during trading on Monday . The stock traded as high as C$2.12 and last traded at C$2.04. Approximately 57,434 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 88,156 shares. The stock had previously closed at C$2.03.
Maple Gold Mines Price Performance
The firm has a 50-day simple moving average of C$2.14 and a 200 day simple moving average of C$1.81.
About Maple Gold Mines
Maple Gold Mines Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Quebec’s prolific Abitibi greenstone belt. The company’s flagship asset is the Douay gold project, which comprises several contiguous properties covering more than 300 square kilometres of prospective terrain. Through systematic drilling programs and detailed geological mapping, Maple Gold Mines aims to expand and define high‐grade gold mineralization within structurally controlled zones.
The Douay project lies approximately 60 kilometres northeast of the Abitibi town of Chibougamau, a well‐established mining district with supporting infrastructure such as year‐round road access, hydroelectric power and nearby milling facilities.
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