Moon River Moly (CVE:MOO) Hits New 12-Month Low – Time to Sell?

Shares of Moon River Moly Ltd. (CVE:MOOGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.32 and last traded at C$0.35, with a volume of 27500 shares. The stock had previously closed at C$0.35.

Moon River Moly Stock Performance

The company’s 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.52. The company has a market cap of C$11.54 million, a PE ratio of -1.17 and a beta of 2.60.

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.

Further Reading

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