92 Resources (CVE:NTY) Stock Passes Below Fifty Day Moving Average – Time to Sell?

92 Resources Corp (CVE:NTY)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.02 and traded as low as C$0.01. 92 Resources shares last traded at C$0.02, with a volume of 2,834,200 shares trading hands.

92 Resources Price Performance

The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The firm has a market cap of C$133,500.00 and a price-to-earnings ratio of -0.12. The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.29 and a current ratio of 2.51.

92 Resources Company Profile

92 Resources Corp., an energy solution company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company has an option agreement to acquire 100% interests in Pontax Lithium property consisting of 104 mineral claims covering an area of approximately 5,536 hectares near Eastmain, Quebec.