Medallion Resources Ltd. (CVE:MDL – Get Free Report)’s stock price rose 50% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 40,714 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 63,914 shares. The stock had previously closed at C$0.07.
Medallion Resources Stock Performance
The firm’s fifty day moving average price is C$0.11 and its 200 day moving average price is C$0.07. The firm has a market cap of C$1.05 million, a P/E ratio of -0.38 and a beta of 2.45. The company has a debt-to-equity ratio of 263.82, a quick ratio of 0.90 and a current ratio of 0.03.
Medallion Resources Company Profile
Medallion Resources Ltd. focuses on a rare earth element business. It is involving in processing monazite, a by-product mineral from heavy-mineral-sands mining operations. The company focuses on mid-stream separation and purification of rare earth oxides and salts based on ligand assisted displacement chromatography.
Featured Articles
- Five stocks we like better than Medallion Resources
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Can TikTok Stock Picks Really Make You Rich?
- About the Markup Calculator
- The “Quality” Rotation: Back to Basics Investing
- When to Sell a Stock for Profit or Loss
- Occidental Petroleum: 4 Reasons to Love These Prices
Receive News & Ratings for Medallion Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medallion Resources and related companies with MarketBeat.com's FREE daily email newsletter.
