Maple Gold Mines (CVE:MGM) Trading Down 0.4% – What’s Next?

Shares of Maple Gold Mines Ltd. (CVE:MGM) traded down 0.4% during trading on Tuesday . The company traded as low as C$2.41 and last traded at C$2.54. Approximately 100,821 shares traded hands during trading, a decline of 1% from the average session volume of 101,996 shares. The stock had previously closed at C$2.55.

Maple Gold Mines Stock Performance

The stock has a market capitalization of C$182.45 million, a price-to-earnings ratio of -11.04 and a beta of 2.24. The company’s fifty day simple moving average is C$2.73 and its 200 day simple moving average is C$2.72. The company has a quick ratio of 4.95, a current ratio of 4.26 and a debt-to-equity ratio of 1.28.

About Maple Gold Mines

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada. The company also holds 100% interest in the Morris Project comprising 34 claims located in the Morris Township, Quebec, as well as has an option to acquire 100% interest in the Eagle Mine Property in Quebec, Canada.