Moon River Moly (CVE:MOO) Trading Down 3.8% – Here’s What Happened

Moon River Moly Ltd. (CVE:MOOGet Free Report) was down 3.8% during trading on Thursday . The stock traded as low as C$0.76 and last traded at C$0.76. Approximately 19,501 shares traded hands during trading, a decline of 60% from the average session volume of 49,289 shares. The stock had previously closed at C$0.79.

Moon River Moly Trading Down 3.8%

The firm’s fifty day moving average price is C$0.79 and its 200 day moving average price is C$0.79. The firm has a market capitalization of C$28.53 million, a PE ratio of 24.52 and a beta of 3.49.

About Moon River Moly

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Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia. The company was incorporated in 2019 and is based in Toronto, Canada.

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