Moon River Moly Ltd. (CVE:MOO – Get Free Report) fell 2.6% during trading on Thursday . The company traded as low as C$0.75 and last traded at C$0.75. 40,500 shares changed hands during trading, a decline of 41% from the average session volume of 68,453 shares. The stock had previously closed at C$0.77.
Moon River Moly Price Performance
The company’s 50-day moving average is C$0.83 and its 200-day moving average is C$0.83. The firm has a market capitalization of C$26.64 million, a price-to-earnings ratio of -12.50 and a beta of 4.34.
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. The company was incorporated in 2019 and is based in Toronto, Canada.
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