MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 35200 shares changing hands. The stock had previously closed at C$0.05.
MacDonald Mines Exploration Price Performance
The business has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a current ratio of 0.10, a quick ratio of 0.27 and a debt-to-equity ratio of 3.84. The firm has a market cap of C$1.90 million, a P/E ratio of -4.00 and a beta of 0.15.
About MacDonald Mines Exploration
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.
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