Medallion Resources Ltd. (CVE:MDL – Get Free Report)’s share price rose 50% on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 40,714 shares changed hands during trading, a decline of 36% from the average daily volume of 63,914 shares. The stock had previously closed at C$0.07.
Medallion Resources Stock Performance
The company has a debt-to-equity ratio of 263.82, a current ratio of 0.03 and a quick ratio of 0.90. The stock has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.05. The firm has a market capitalization of C$1.05 million, a PE ratio of -0.38 and a beta of 2.45.
About Medallion Resources
Medallion Resources Ltd. focuses on a rare earth element business. It is involving in processing monazite, a by-product mineral from heavy-mineral-sands mining operations. The company focuses on mid-stream separation and purification of rare earth oxides and salts based on ligand assisted displacement chromatography.
Recommended Stories
- Five stocks we like better than Medallion Resources
- What is a Special Dividend?
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- How Do Stock Buybacks Affect Shareholders?
- Earnings Per Share Calculator: How to Calculate EPS
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Receive News & Ratings for Medallion Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medallion Resources and related companies with MarketBeat.com's FREE daily email newsletter.
