Shares of MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05, with a volume of 35200 shares. The stock had previously closed at C$0.05.
MacDonald Mines Exploration Trading Up 11.1 %
The company has a market capitalization of C$1.90 million, a price-to-earnings ratio of -4.00 and a beta of 0.15. The company has a current ratio of 0.10, a quick ratio of 0.27 and a debt-to-equity ratio of 3.84. The business’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.
MacDonald Mines Exploration Company Profile
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.
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