Maple Gold Mines (CVE:MGM) Trading Up 27.7% – Should You Buy?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report) shares were up 27.7% during trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.08. Approximately 5,122,236 shares traded hands during mid-day trading, an increase of 878% from the average daily volume of 523,967 shares. The stock had previously closed at C$0.07.

Maple Gold Mines Stock Performance

The stock has a market cap of C$34.84 million, a PE ratio of -6.66 and a beta of 0.50. The company has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.07. The company has a quick ratio of 4.95, a current ratio of 1.82 and a debt-to-equity ratio of 12.89.

About Maple Gold Mines

(Get Free Report)

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.

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