Shares of Moon River Moly Ltd. (CVE:MOO – Get Free Report) dropped 4.2% during trading on Monday . The stock traded as low as C$0.46 and last traded at C$0.46. Approximately 20,500 shares were traded during mid-day trading, an increase of 18% from the average daily volume of 17,375 shares. The stock had previously closed at C$0.48.
Moon River Moly Trading Down 2.4 %
The company has a market cap of C$13.18 million, a price-to-earnings ratio of -1.33 and a beta of 2.60. The company’s 50 day moving average price is C$0.55 and its 200 day moving average price is C$0.59.
About Moon River Moly
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.
Further Reading
- Five stocks we like better than Moon River Moly
- The Role Economic Reports Play in a Successful Investment Strategy
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- How to Read Stock Charts for Beginners
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Moon River Moly Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moon River Moly and related companies with MarketBeat.com's FREE daily email newsletter.
