Midas Gold (TSE:MAX) Stock Price Down 11.8%
Midas Gold Corp (TSE:MAX) shares fell 11.8% during trading on Tuesday . The company traded as low as C$0.60 and last traded at C$0.60. 128,982 shares changed hands during trading, a decline of 5% from the average session volume of 135,358 shares. The stock had previously closed at C$0.68.
The company has a debt-to-equity ratio of 88.92, a quick ratio of 6.90 and a current ratio of 6.98. The stock has a market cap of $146.51 million and a P/E ratio of -8.51.
Midas Gold (TSE:MAX) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C($0.05) EPS for the quarter. Equities analysts expect that Midas Gold Corp will post -0.11 EPS for the current fiscal year.
Midas Gold Corp. engages in the mineral exploration activities in the United States. It primarily explores for gold, antimony, and silver deposits. The company's principal asset is the Stibnite gold project, which is located in Valley County, Idaho. Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.
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