Mawson Gold (TSE:MAW) Shares Down 6.8%

Shares of Mawson Gold Limited (TSE:MAW) traded down 6.8% during trading on Tuesday . The company traded as low as C$0.34 and last traded at C$0.35. 101,500 shares traded hands during trading, a decline of 18% from the average session volume of 123,442 shares. The stock had previously closed at C$0.37.

Analyst Upgrades and Downgrades

Separately, Ventum Financial set a C$1.15 price target on shares of Mawson Gold and gave the company a “buy” rating in a research note on Thursday, June 20th.

Mawson Gold Stock Performance

The firm’s 50 day moving average is C$0.35. The company has a quick ratio of 13.85, a current ratio of 5.79 and a debt-to-equity ratio of 1.12. The firm has a market cap of C$101.97 million, a P/E ratio of -17.25 and a beta of 1.50.

About Mawson Gold

Mawson Gold Limited operates as a gold exploration company in Finland and Sweden. The company also explores for cobalt, copper, lead, zinc, and silver deposits. Its flagship project is the Rompas-Rajapalot project that consists of 5 granted exploration permits and 8 exploration permit applications located in Finland.