Millrock Resources (CVE:MRO) Shares Cross Below 50-Day Moving Average – What’s Next?

Shares of Millrock Resources Inc. (CVE:MROGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.03 and traded as low as C$0.03. Millrock Resources shares last traded at C$0.04, with a volume of 635,000 shares traded.

Millrock Resources Stock Up 16.7 %

The business’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.04. The company has a market cap of C$5.47 million, a PE ratio of -5.00 and a beta of 0.03. The company has a debt-to-equity ratio of 8.08, a current ratio of 7.68 and a quick ratio of 7.37.

About Millrock Resources

(Get Free Report)

Millrock Resources Inc engages in the acquisition and exploration of mineral properties. It deposits for gold, copper, porphyry, silver, and other metals. The company holds an interest in the 64North Gold project covering an area of approximately 1,860 hectares; Chisna DragonSlayer project; and Apex El Nido covering an area of approximately 315 hectares located in Alaska.

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