MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 32805 shares traded. The stock had previously closed at C$0.09.
MacDonald Mines Exploration Trading Down 5.6 %
The company has a current ratio of 0.10, a quick ratio of 0.27 and a debt-to-equity ratio of 3.84. The business has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05. The stock has a market cap of C$3.24 million, a price-to-earnings ratio of -4.00 and a beta of 0.15.
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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