Maple Gold Mines (CVE:MGM) Reaches New 12-Month High – Still a Buy?

Shares of Maple Gold Mines Ltd. (CVE:MGMGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$1.85 and last traded at C$1.85, with a volume of 84832 shares. The stock had previously closed at C$1.73.

Maple Gold Mines Stock Up 6.9%

The company’s fifty day simple moving average is C$1.51 and its 200 day simple moving average is C$1.15. The company has a quick ratio of 4.95, a current ratio of 1.82 and a debt-to-equity ratio of 12.89. The firm has a market capitalization of C$114.07 million, a PE ratio of -23.13 and a beta of 1.76.

Maple Gold Mines Company Profile

(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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