MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report)’s stock price traded up 16.7% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 609,100 shares were traded during trading, an increase of 1,147% from the average session volume of 48,829 shares. The stock had previously closed at C$0.06.
MacDonald Mines Exploration Stock Performance
The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.27 and a current ratio of 0.10. The company has a market cap of C$2.86 million, a price-to-earnings ratio of -4.00 and a beta of 0.15. The firm’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.04.
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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