MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.08 and traded as high as C$0.09. MacDonald Mines Exploration shares last traded at C$0.09, with a volume of 26,780 shares trading hands.
MacDonald Mines Exploration Stock Performance
The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09. The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.27 and a current ratio of 0.10. The firm has a market capitalization of C$3.24 million, a PE ratio of -4.00 and a beta of 0.15.
About MacDonald Mines Exploration
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.
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