Monument Mining (CVE:MMY) Trading Down 9.1%

Monument Mining Limited (CVE:MMY) shares dropped 9.1% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 1,893,309 shares were traded during mid-day trading, an increase of 1,212% from the average daily volume of 144,342 shares. The stock had previously closed at C$0.17.

Monument Mining Price Performance

The firm’s 50-day moving average is C$0.16 and its two-hundred day moving average is C$0.14. The company has a market cap of C$50.72 million, a P/E ratio of -5.50 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.22 and a quick ratio of 2.36.

Monument Mining Company Profile

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.