Cassiar Gold Corp. (MRL.V) (CVE:MRL) Trading 3.4% Higher – What’s Next?

Cassiar Gold Corp. (MRL.V) (CVE:MRL)’s share price shot up 3.4% on Thursday . The stock traded as high as C$0.75 and last traded at C$0.75. 117,420 shares traded hands during trading, a decline of 43% from the average session volume of 204,600 shares. The stock had previously closed at C$0.73.

Cassiar Gold Corp. (MRL.V) Trading Up 3.4%

The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.70 and a current ratio of 0.71. The business’s 50 day moving average price is C$0.75 and its two-hundred day moving average price is C$0.75. The company has a market capitalization of C$30.08 million and a price-to-earnings ratio of -10.42.

About Cassiar Gold Corp. (MRL.V)

Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia.