Moon River Moly (CVE:MOO) Sets New 12-Month Low – Here’s Why

Shares of Moon River Moly Ltd. (CVE:MOO – Get Free Report) hit a new 52-week low on Friday. The stock traded as low as C$0.56 and last traded at C$0.56, with a volume of 22334 shares. The stock had previously closed at C$0.58.

Moon River Moly Stock Performance

The company has a market capitalization of C$21.02 million, a PE ratio of -3.37 and a beta of 3.13. The stock has a 50 day moving average price of C$0.68 and a two-hundred day moving average price of C$0.74.

About Moon River Moly

(Get Free Report)

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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