ATB Cormark Capital Markets upgraded shares of Maple Gold Mines (CVE:MGM – Free Report) to a moderate buy rating in a research report sent to investors on Monday morning,Zacks reports.
Maple Gold Mines Stock Up 3.8%
Shares of Maple Gold Mines stock opened at C$2.49 on Monday. The company has a debt-to-equity ratio of 3.78, a current ratio of 4.82 and a quick ratio of 4.95. The company has a 50-day moving average of C$2.85 and a 200 day moving average of C$2.75. The firm has a market cap of C$184.96 million, a price-to-earnings ratio of -14.65 and a beta of 1.57. Maple Gold Mines has a 1 year low of C$1.24 and a 1 year high of C$4.00.
Maple Gold Mines Company Profile
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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