Moon River Moly (CVE:MOO) Stock Price Up 2.9% – What’s Next?

Moon River Moly Ltd. (CVE:MOOGet Free Report) traded up 2.9% on Tuesday . The company traded as high as C$0.40 and last traded at C$0.35. 6,257 shares traded hands during trading, a decline of 57% from the average session volume of 14,452 shares. The stock had previously closed at C$0.34.

Moon River Moly Stock Up 2.9 %

The stock has a 50 day moving average price of C$0.36 and a two-hundred day moving average price of C$0.41. The company has a market cap of C$11.54 million, a P/E ratio of -1.17 and a beta of 2.60.

Moon River Moly Company Profile

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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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