Red Moon Resources Inc. (CVE:RMK – Get Free Report) shot up 3.3% on Wednesday . The company traded as high as C$0.99 and last traded at C$0.95. 265,538 shares changed hands during trading, a decline of 1% from the average session volume of 269,422 shares. The stock had previously closed at C$0.92.
Red Moon Resources Price Performance
The firm’s fifty day moving average is C$0.95 and its two-hundred day moving average is C$0.95. The firm has a market cap of C$70.21 million and a price-to-earnings ratio of -36.54.
About Red Moon Resources
Red Moon Resources Inc, a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St.
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