Maple Gold Mines (CVE:MGM) Trading Down 0.3% – Time to Sell?

Maple Gold Mines Ltd. (CVE:MGM)’s share price fell 0.3% on Tuesday . The stock traded as low as C$3.02 and last traded at C$3.09. 35,343 shares changed hands during trading, a decline of 72% from the average session volume of 125,114 shares. The stock had previously closed at C$3.10.

Maple Gold Mines Trading Down 0.3%

The company’s fifty day moving average price is C$2.85 and its two-hundred day moving average price is C$2.43. The company has a quick ratio of 4.95, a current ratio of 4.26 and a debt-to-equity ratio of 1.28. The company has a market cap of C$216.65 million, a price-to-earnings ratio of -13.43 and a beta of 2.24.

About Maple Gold Mines

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. The company also holds 100% interest in the Morris Project comprising 34 claims located in the Morris Township, Quebec, as well as has an option to acquire 100% interest in the Eagle Mine Property in Quebec, Canada.