MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report)’s stock price rose 6.7% during mid-day trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 74,050 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 90,440 shares. The stock had previously closed at C$0.08.
MacDonald Mines Exploration Trading Down 5.6 %
The stock has a market capitalization of C$3.24 million, a price-to-earnings ratio of -4.00 and a beta of 0.15. The company has a debt-to-equity ratio of 3.84, a current ratio of 0.10 and a quick ratio of 0.27. The business has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05.
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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