Maple Gold Mines (CVE:MGM) Trading Down 2.7% – Time to Sell?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report)’s stock price fell 2.7% during trading on Friday . The company traded as low as C$1.42 and last traded at C$1.44. 68,684 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 74,789 shares. The stock had previously closed at C$1.48.

Maple Gold Mines Stock Performance

The firm has a market cap of C$88.26 million, a PE ratio of -10.84 and a beta of 1.44. The stock has a 50-day moving average price of C$1.41 and a 200 day moving average price of C$1.06. The company has a debt-to-equity ratio of 12.89, a current ratio of 1.82 and a quick ratio of 4.95.

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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