Shares of Medallion Resources Ltd. (CVE:MDL) reached a new 52-week high on Friday . The company traded as high as C$0.28 and last traded at C$0.24, with a volume of 343650 shares trading hands. The stock had previously closed at C$0.24.
The company has a market cap of $5.93 million and a price-to-earnings ratio of -8.28.
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About Medallion Resources (CVE:MDL)
Medallion Resources Ltd. acquires and explores for mineral resource projects. It explores for monazite, a rare earth element. The company was incorporated in 1989 and is headquartered in Vancouver, Canada.
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