Mastermyne Group (ASX:MYE) Trading Down 1%

Mastermyne Group Limited (ASX:MYE) fell 1% during mid-day trading on Monday . The stock traded as low as A$1.02 ($0.72) and last traded at A$1.02 ($0.72), 200,930 shares were traded during mid-day trading. The stock had previously closed at A$1.03 ($0.73).

The stock has a market capitalization of $100.65 million and a PE ratio of 9.80. The stock has a fifty day moving average of A$1.09 and a 200-day moving average of A$0.99. The company has a quick ratio of 1.99, a current ratio of 2.15 and a debt-to-equity ratio of 2.64.

Mastermyne Group Company Profile (ASX:MYE)

Mastermyne Group Limited provides contracting services to the underground long wall mining operations in Australia. It operates in two segments, Mastermyne and Mastertec. The Mastermyne segment offers project management, labour and equipment hiring, underground roadway development, underground ventilation device installation, bulk materials handling system installation and relocation, and underground mine support services, as well as underground conveyor installation, extension, and maintenance services.

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