MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 44381 shares trading hands. The stock had previously closed at C$0.07.
MacDonald Mines Exploration Trading Up 7.1 %
The company has a market capitalization of C$2.86 million, a PE ratio of -4.00 and a beta of 0.15. The company has a current ratio of 0.10, a quick ratio of 0.27 and a debt-to-equity ratio of 3.84. The company has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.04.
About MacDonald Mines Exploration
MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.
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