Moon River Moly Ltd. (CVE:MOO – Get Free Report) fell 3.8% during trading on Wednesday . The stock traded as low as C$0.77 and last traded at C$0.77. 25,200 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 53,248 shares. The stock had previously closed at C$0.80.
Moon River Moly Trading Down 3.9%
The stock has a 50 day moving average of C$0.79 and a 200-day moving average of C$0.78. The company has a market capitalization of C$27.78 million, a P/E ratio of 23.87 and a beta of 3.46.
Moon River Moly Company Profile
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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