Shares of Moon River Moly Ltd. (CVE:MOO – Get Free Report) dropped 3.8% on Thursday . The stock traded as low as C$0.76 and last traded at C$0.76. Approximately 19,501 shares were traded during trading, a decline of 60% from the average daily volume of 49,289 shares. The stock had previously closed at C$0.79.
Moon River Moly Stock Down 3.8%
The business’s fifty day moving average is C$0.79 and its 200-day moving average is C$0.78. The stock has a market capitalization of C$28.53 million, a PE ratio of 24.52 and a beta of 3.49.
Moon River Moly Company Profile
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. The company was incorporated in 2019 and is based in Toronto, Canada.
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