Maple Gold Mines (CVE:MGM) Reaches New 12-Month Low – What’s Next?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 256935 shares trading hands. The stock had previously closed at C$0.05.

Maple Gold Mines Price Performance

The company has a market cap of C$18.81 million, a PE ratio of -1.67 and a beta of 0.50. The business has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a debt-to-equity ratio of 5.05, a current ratio of 2.22 and a quick ratio of 4.95.

About Maple Gold Mines

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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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