Maple Gold Mines (CVE:MGM) Stock Price Down 5.6% – Should You Sell?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report)’s share price traded down 5.6% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 461,072 shares were traded during mid-day trading, a decline of 5% from the average session volume of 485,346 shares. The stock had previously closed at C$0.09.

Maple Gold Mines Stock Performance

The company has a current ratio of 1.82, a quick ratio of 4.95 and a debt-to-equity ratio of 12.89. The stock has a market capitalization of C$35.68 million, a price-to-earnings ratio of -6.83 and a beta of 0.50. The stock’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.06.

About Maple Gold Mines

(Get Free Report)

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.

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