Moon River Moly Ltd. (CVE:MOO – Get Free Report)’s stock price dropped 4.8% on Wednesday . The company traded as low as C$0.80 and last traded at C$0.80. Approximately 10,530 shares changed hands during trading, a decline of 70% from the average daily volume of 34,892 shares. The stock had previously closed at C$0.84.
Moon River Moly Stock Down 4.8%
The firm’s fifty day simple moving average is C$0.92 and its 200-day simple moving average is C$0.66. The firm has a market capitalization of C$26.37 million, a PE ratio of -8.25 and a beta of 3.69.
About Moon River Moly
Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia.
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