Mint (CVE:MIT) Stock Crosses Above 50 Day Moving Average – What’s Next?

The Mint Co. (CVE:MITGet Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Mint shares last traded at C$0.03, with a volume of 12,000 shares.

Mint Price Performance

The company’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market cap of C$7.08 million, a P/E ratio of -3.00 and a beta of 0.36. The company has a current ratio of 1.46, a quick ratio of 3.38 and a debt-to-equity ratio of 78.57.

Mint Company Profile

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The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities. It offers its solutions through a network of ATMs, payment processing platforms, and branded card products. The company was formerly known as Mint Technology Corp. and changed its name to The Mint Corporation in August 2013.

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