Shares of MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 48455 shares trading hands. The stock had previously closed at C$0.05.
MacDonald Mines Exploration Trading Up 33.3 %
The company has a debt-to-equity ratio of 3.84, a current ratio of 0.10 and a quick ratio of 0.27. The firm’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a market cap of C$2.28 million, a price-to-earnings ratio of -4.00 and a beta of 0.15.
MacDonald Mines Exploration Company Profile
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.
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