Maple Gold Mines Ltd. (CVE:MGM – Get Free Report)’s stock price shot up 27.7% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.08. 5,122,236 shares changed hands during trading, an increase of 878% from the average session volume of 523,967 shares. The stock had previously closed at C$0.07.
Maple Gold Mines Price Performance
The stock’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.08. The company has a debt-to-equity ratio of 12.89, a current ratio of 1.82 and a quick ratio of 4.95. The company has a market cap of C$44.08 million, a PE ratio of -8.43 and a beta of 0.50.
About Maple Gold Mines
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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