Maple Gold Mines (CVE:MGM) Stock Price Down 13.3% – Should You Sell?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report)’s share price was down 13.3% during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 1,097,500 shares changed hands during trading, an increase of 655% from the average daily volume of 145,367 shares. The stock had previously closed at C$0.08.

Maple Gold Mines Stock Performance

The company’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. The stock has a market cap of C$24.45 million, a PE ratio of -2.17 and a beta of 0.50. The company has a debt-to-equity ratio of 5.05, a quick ratio of 4.95 and a current ratio of 2.22.

Maple Gold Mines Company Profile

(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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