Mincor Resources (ASX:MCR) Trading Up 12.3%

Mincor Resources NL (ASX:MCR)’s share price was up 12.3% during trading on Tuesday . The company traded as high as A$0.47 ($0.33) and last traded at A$0.46 ($0.32), approximately 2,023,426 shares were traded during trading. The stock had previously closed at A$0.41 ($0.29).

The stock has a market cap of $167.81 million and a P/E ratio of -7.70. The stock has a 50 day simple moving average of A$0.59 and a 200 day simple moving average of A$0.62. The company has a current ratio of 24.16, a quick ratio of 24.06 and a debt-to-equity ratio of 0.41.

Mincor Resources Company Profile (ASX:MCR)

Mincor Resources NL engages in the exploration, development, and mining of mineral resources in Australia. It explores for gold, nickel, and copper deposits. The company holds interests in the Durkin North, Miitel/Burnett, and Cassini nickel projects, as well as the Widgiemooltha gold project located in Kambalda, Western Australia.

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