Moneta Gold (TSE:ME) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Moneta Gold Inc. (TSE:MEGet Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.63. Moneta Gold shares last traded at C$0.63, with a volume of 75,640 shares traded.

Moneta Gold Stock Performance

The firm has a 50-day moving average of C$0.83. The company has a market cap of C$50.90 million, a PE ratio of -1.85 and a beta of 1.47. The company has a quick ratio of 1.79, a current ratio of 1.87 and a debt-to-equity ratio of 0.09.

About Moneta Gold

(Get Free Report)

Moneta Gold Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for gold deposits. The company's flagship project is the Tower gold project, which is located in the Timmins region of Northeastern Ontario. The company was formerly known as Moneta Porcupine Mines Inc and changed its name to Moneta Gold Inc in August 2021.

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