Maple Gold Mines Ltd. (CVE:MGM – Get Free Report) shares traded down 3.3% during trading on Tuesday . The stock traded as low as C$2.64 and last traded at C$2.66. Approximately 86,275 shares were traded during mid-day trading, a decline of 26% from the average session volume of 116,840 shares. The stock had previously closed at C$2.75.
Maple Gold Mines Stock Performance
The business has a fifty day simple moving average of C$3.04 and a two-hundred day simple moving average of C$2.58. The company has a quick ratio of 4.95, a current ratio of 4.26 and a debt-to-equity ratio of 1.28. The company has a market cap of C$190.35 million, a P/E ratio of -11.52 and a beta of 2.14.
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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