Maple Gold Mines (CVE:MGM) Sets New 12-Month High – Should You Buy?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 746000 shares traded. The stock had previously closed at C$0.08.

Maple Gold Mines Stock Performance

The firm has a 50 day moving average of C$0.06 and a two-hundred day moving average of C$0.06. The company has a debt-to-equity ratio of 12.89, a current ratio of 1.82 and a quick ratio of 4.95. The stock has a market cap of C$37.78 million, a PE ratio of -7.23 and a beta of 0.50.

Maple Gold Mines Company Profile

(Get Free Report)

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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