Shares of MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) traded up 50% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 124,200 shares traded hands during trading, an increase of 79% from the average session volume of 69,476 shares. The stock had previously closed at C$0.03.
MacDonald Mines Exploration Trading Up 33.3 %
The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05. The firm has a market capitalization of C$2.28 million, a price-to-earnings ratio of -3.00 and a beta of 0.46. The company has a quick ratio of 0.27, a current ratio of 0.18 and a debt-to-equity ratio of 3.84.
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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