Stelmine Canada (CVE:STH) Hits New 12-Month Low – What’s Next?

Shares of Stelmine Canada Ltd. (CVE:STH) hit a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 32500 shares trading hands. The stock had previously closed at C$0.02.

Stelmine Canada Stock Performance

The company has a market capitalization of C$2.04 million, a P/E ratio of -2.00 and a beta of 1.41. The company has a current ratio of 0.90, a quick ratio of 2.10 and a debt-to-equity ratio of 0.82. The company’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.03.

About Stelmine Canada

Stelmine Canada Ltd. engages in the acquisition, exploration, production, development, and operation of mining properties in Canada. The company primarily explores for gold. It holds 100% interests in the Courcy project comprising 165 claims covering an area of 86 square kilometers located in Fermont, Quebec; Mercator project, which comprise 1095 claims that covers an area of 561 square kilometers located within the extension of the Opinaca metasedimentary basin in the Caniapiscau district; Joubert property comprising 103 claims that covers an area of 55 kilometers located in Quebec; Trieste property comprising 14 claims located in Quebec; and Ilnu property comprising 82 claims located in Quebec.