Cassiar Gold Corp. (MRL.V) (CVE:MRL) Shares Up 3.4% – Should You Buy?

Shares of Cassiar Gold Corp. (MRL.V) (CVE:MRLGet Free Report) were up 3.4% during trading on Tuesday . The stock traded as high as C$0.75 and last traded at C$0.75. Approximately 117,420 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 204,600 shares. The stock had previously closed at C$0.73.

Cassiar Gold Corp. (MRL.V) Stock Performance

The company has a current ratio of 0.71, a quick ratio of 0.70 and a debt-to-equity ratio of 1.81. The stock has a market cap of C$30.08 million and a price-to-earnings ratio of -10.42. The stock’s 50 day moving average is C$0.35 and its two-hundred day moving average is C$0.26.

About Cassiar Gold Corp. (MRL.V)

(Get Free Report)

Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia.

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