Maple Gold Mines (CVE:MGM) Stock Price Down 0.4% – What’s Next?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report) was down 0.4% during trading on Tuesday . The company traded as low as C$2.41 and last traded at C$2.54. 100,821 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 101,996 shares. The stock had previously closed at C$2.55.

Maple Gold Mines Stock Down 0.4%

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$182.45 million, a price-to-earnings ratio of -11.04 and a beta of 2.24. The stock has a fifty day moving average price of C$2.73 and a two-hundred day moving average price of C$2.72.

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. 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.

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