Moon River Moly Ltd. (CVE:MOO – Get Free Report)’s share price was down 4.8% on Thursday. The stock traded as low as C$0.79 and last traded at C$0.79. Approximately 10,380 shares changed hands during trading, a decline of 73% from the average daily volume of 39,164 shares. The stock had previously closed at C$0.83.
Moon River Moly Stock Down 4.8%
The company has a 50 day moving average of C$0.68 and a 200 day moving average of C$0.74. The firm has a market cap of C$29.66 million, a price-to-earnings ratio of -4.76 and a beta of 3.79.
About Moon River Moly
Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia. The company was incorporated in 2019 and is based in Toronto, Canada.
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