Medallion Resources Ltd. (CVE:MDL – Get Free Report)’s stock price shot up 50% on Monday . The company traded as high as C$0.11 and last traded at C$0.11. 40,714 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 63,914 shares. The stock had previously closed at C$0.07.
Medallion Resources Trading Up 50.0 %
The company has a 50 day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The stock has a market capitalization of C$1.05 million, a PE ratio of -0.38 and a beta of 2.45. The company has a debt-to-equity ratio of 263.82, a quick ratio of 0.90 and a current ratio of 0.03.
About Medallion Resources
Medallion Resources Ltd. focuses on a rare earth element business. It is involving in processing monazite, a by-product mineral from heavy-mineral-sands mining operations. The company focuses on mid-stream separation and purification of rare earth oxides and salts based on ligand assisted displacement chromatography.
Read More
- Five stocks we like better than Medallion Resources
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Dow Jones: A Relevant Benchmark or a Relic of the Past?
- Election Stocks: How Elections Affect the Stock Market
- 3 Big-Name Stocks Just Announced Big-Time Dividend Increases
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Market Overreaction: 2 Stocks to Buy on the Way Down
Receive News & Ratings for Medallion Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medallion Resources and related companies with MarketBeat.com's FREE daily email newsletter.
