Moon River Moly Ltd. (CVE:MOO – Get Free Report) dropped 4.2% during trading on Monday . The stock traded as low as C$0.46 and last traded at C$0.46. Approximately 20,500 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 17,375 shares. The stock had previously closed at C$0.48.
Moon River Moly Price Performance
The company’s 50 day moving average is C$0.55 and its 200 day moving average is C$0.59. The stock has a market cap of C$13.18 million, a price-to-earnings ratio of -1.33 and a beta of 2.60.
About Moon River Moly
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.
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