Shares of Red Moon Resources Inc. (CVE:RMK – Get Free Report) rose 3.3% on Wednesday . The stock traded as high as C$0.99 and last traded at C$0.95. Approximately 265,538 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 269,422 shares. The stock had previously closed at C$0.92.
Red Moon Resources Price Performance
The stock has a 50-day moving average price of C$0.95 and a 200-day moving average price of C$0.95. The company has a market capitalization of C$70.21 million and a P/E ratio of -36.54.
About Red Moon Resources
Red Moon Resources Inc, a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St.
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