MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) was up 14.3% on Friday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 352,000 shares changed hands during trading, an increase of 238% from the average daily volume of 104,192 shares. The stock had previously closed at C$0.07.
MacDonald Mines Exploration Price Performance
The company has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.04. The stock has a market capitalization of C$2.86 million, a PE ratio of -4.00 and a beta of 0.15. The company has a debt-to-equity ratio of 3.84, a current ratio of 0.10 and a quick ratio of 0.27.
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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