Moon River Moly Ltd. (CVE:MOO – Get Free Report) was up 2.9% during mid-day trading on Tuesday . The company traded as high as C$0.40 and last traded at C$0.35. Approximately 6,257 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 14,452 shares. The stock had previously closed at C$0.34.
Moon River Moly Trading Up 2.9 %
The stock’s 50-day simple moving average is C$0.36 and its 200-day simple moving average is C$0.41. The stock has a market cap of C$11.54 million, a price-to-earnings ratio of -1.17 and a beta of 2.60.
About Moon River Moly
Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia.
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