Shares of Maple Gold Mines Ltd. (CVE:MGM – Get Free Report) shot up 15.4% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 123,000 shares were traded during trading, a decline of 8% from the average session volume of 134,047 shares. The stock had previously closed at C$0.07.
Maple Gold Mines Price Performance
The company has a market capitalization of C$25.47 million, a price-to-earnings ratio of -2.50 and a beta of 0.46. The company has a quick ratio of 4.95, a current ratio of 3.12 and a debt-to-equity ratio of 8.66. The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06.
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.
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