Magnum Goldcorp (CVE:MGI) Hits New 1-Year Low at $0.01

Magnum Goldcorp Inc. (CVE:MGIGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 13285 shares traded. The stock had previously closed at C$0.01.

Magnum Goldcorp Stock Down 50.0 %

The stock’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a current ratio of 0.09, a quick ratio of 0.65 and a debt-to-equity ratio of 3.37. The stock has a market cap of C$193,100.00, a price-to-earnings ratio of -1.50 and a beta of -0.37.

About Magnum Goldcorp

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Magnum Goldcorp Inc engages in the acquisition and exploration of mineral resource properties in Canada. It owns a 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of the village of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp.

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