Cassiar Gold Corp. (MRL.V) (CVE:MRL) Stock Price Up 3.4% – What’s Next?

Shares of Cassiar Gold Corp. (MRL.V) (CVE:MRL) were up 3.4% during mid-day trading on Monday . The company traded as high as C$0.75 and last traded at C$0.75. Approximately 117,420 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 204,600 shares. The stock had previously closed at C$0.73.

Cassiar Gold Corp. (MRL.V) Trading Up 3.4%

The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 1.81. The stock’s fifty day moving average price is C$0.75 and its two-hundred day moving average price is C$0.75. The company has a market capitalization of C$30.08 million and a PE ratio of -10.42.

Cassiar Gold Corp. (MRL.V) Company Profile

Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia. The company was formerly known as Carmen Energy Inc and changed its name to Margaux Resources Ltd.