Magnum Goldcorp (CVE:MGI) Hits New 1-Year Low at $0.02

Magnum Goldcorp Inc (CVE:MGI)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 270000 shares trading hands. The stock had previously closed at C$0.02.

The company has a quick ratio of 0.13, a current ratio of 0.15 and a debt-to-equity ratio of 3.56. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04. The firm has a market capitalization of $483,000.00 and a price-to-earnings ratio of -1.36.

About Magnum Goldcorp (CVE:MGI)

Magnum Goldcorp Inc engages in the acquisition and exploration of mineral resource properties in Canada. It owns 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp.

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