92 Resources (CVE:NTY) Stock Passes Below 50 Day Moving Average – Should You Sell?

92 Resources Corp (CVE:NTYGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.02 and traded as low as C$0.01. 92 Resources shares last traded at C$0.02, with a volume of 2,834,200 shares.

92 Resources Price Performance

The company has a debt-to-equity ratio of 1.73, a current ratio of 2.51 and a quick ratio of 2.29. The stock has a market capitalization of C$133,500.00 and a P/E ratio of -0.12. The company’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01.

92 Resources Company Profile

(Get Free Report)

92 Resources Corp., an energy solution company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company has an option agreement to acquire 100% interests in Pontax Lithium property consisting of 104 mineral claims covering an area of approximately 5,536 hectares near Eastmain, Quebec.

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