Filo Mining (CVE:FIL) Shares Down 0.1% – Here’s What Happened

Shares of Filo Mining Corp. (CVE:FIL – Get Free Report) fell 0.1% during trading on Tuesday. The company traded as low as C$8.70 and last traded at C$8.97. Approximately 191,345 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 222,999 shares. The stock had previously closed at C$8.98.

Filo Mining Trading Down 0.1%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 9.80 and a current ratio of 9.86. The company has a market capitalization of C$1.02 billion and a price-to-earnings ratio of -46.72. The business’s 50-day simple moving average is C$8.97 and its 200-day simple moving average is C$8.97.

About Filo Mining

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Filo Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. Its flagship property is the Filo del Sol project, a copper, gold, and silver project located along the border of Region III, Chile and San Juan Province, Argentina. The company was incorporated in 2016 and is headquartered in Vancouver, Canada.

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