MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) rose 20% during trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 103,050 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 91,084 shares. The stock had previously closed at C$0.08.
MacDonald Mines Exploration Trading Down 5.6 %
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 cap of C$3.24 million, a PE ratio of -4.00 and a beta of 0.15. The stock has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05.
About MacDonald Mines Exploration
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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