Constantine Metal Resources Ltd. (CVE:CEM – Get Free Report)’s stock price shot up 4.5% on Wednesday. The company traded as high as C$0.36 and last traded at C$0.34. Approximately 207,650 shares changed hands during trading, an increase of 199% from the average daily volume of 69,562 shares. The stock had previously closed at C$0.33.
Constantine Metal Resources Stock Performance
The company has a debt-to-equity ratio of 5.75, a quick ratio of 2.07 and a current ratio of 2.08. The company has a market capitalization of C$22.52 million and a price-to-earnings ratio of -10.78. The firm has a 50-day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.34.
About Constantine Metal Resources
Constantine Metal Resources Ltd., a junior mining company, engages in the exploration and development of mineral properties in North America. The company primarily explores for copper, zinc, gold, and silver deposits. Its principal project is the Palmer project that includes 340 federal mining claims and 63 state mining claims located in Alaska, the United States. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.
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