Maple Gold Mines (CVE:MGM) Shares Down 12.5%

Maple Gold Mines Ltd. (CVE:MGMGet Free Report) shares traded down 12.5% during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. 193,122 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 141,476 shares. The stock had previously closed at C$0.08.

Maple Gold Mines Price Performance

The business has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$25.61 million, a P/E ratio of -2.67 and a beta of 0.67. The company has a current ratio of 3.04, a quick ratio of 4.95 and a debt-to-equity ratio of 10.45.

About Maple Gold Mines

(Get Free Report)

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.

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