Maple Gold Mines (CVE:MGM) Hits New 12-Month Low – Here’s What Happened

Maple Gold Mines Ltd. (CVE:MGMGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.06, with a volume of 86536 shares changing hands. The stock had previously closed at C$0.06.

Maple Gold Mines Stock Performance

The company has a quick ratio of 4.95, a current ratio of 1.82 and a debt-to-equity ratio of 12.89. The firm has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. The company has a market cap of C$23.09 million, a price-to-earnings ratio of -4.42 and a beta of 0.50.

About Maple Gold Mines

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Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.

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