Filo Mining (CVE:FIL) Stock Crosses Below 50 Day Moving Average – Here’s Why

Filo Mining Corp. (CVE:FILGet Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$8.97 and traded as low as C$8.70. Filo Mining shares last traded at C$8.97, with a volume of 191,345 shares.

Filo Mining Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 9.80 and a current ratio of 9.86. The company has a market cap of C$1.02 billion and a P/E ratio of -46.72. The firm has a 50 day moving average price of C$8.97 and a 200-day moving average price of C$8.97.

About Filo Mining

(Get Free Report)

Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.

Featured Articles

Receive News & Ratings for Filo Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Filo Mining and related companies with MarketBeat.com's FREE daily email newsletter.