Maple Gold Mines Ltd. (CVE:MGM – Get Free Report) traded down 4.3% during trading on Wednesday . The stock traded as low as C$2.58 and last traded at C$2.64. Approximately 58,439 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 94,236 shares. The stock had previously closed at C$2.76.
Maple Gold Mines Stock Performance
The company has a 50-day moving average price of C$2.75 and a two-hundred day moving average price of C$2.78. The company has a quick ratio of 4.95, a current ratio of 4.82 and a debt-to-equity ratio of 3.78. The stock has a market capitalization of C$215.42 million, a P/E ratio of -17.06 and a beta of 1.86.
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.
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