Monument Mining (CVE:MMY) Trading Down 3%

Shares of Monument Mining Limited (CVE:MMY) fell 3% during trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. 20,500 shares traded hands during trading, a decline of 86% from the average session volume of 148,055 shares. The stock had previously closed at C$0.17.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.51 price objective on shares of Monument Mining and gave the stock a “buy” rating in a research note on Tuesday, July 9th.

Monument Mining Trading Down 3.0 %

The company has a quick ratio of 2.36, a current ratio of 3.47 and a debt-to-equity ratio of 0.17. The company has a market capitalization of C$52.47 million, a price-to-earnings ratio of -16.00 and a beta of 1.01. The company has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.15.

About Monument Mining

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.