Maple Gold Mines (CVE:MGM) Trading Down 12.5%

Maple Gold Mines Ltd. (CVE:MGMGet Free Report)’s share price was down 12.5% on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 193,122 shares were traded during trading, an increase of 37% from the average daily volume of 141,476 shares. The stock had previously closed at C$0.08.

Maple Gold Mines Price Performance

The company has a debt-to-equity ratio of 10.45, a current ratio of 3.04 and a quick ratio of 4.95. The company’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06. The stock has a market capitalization of C$27.31 million, a P/E ratio of -2.67 and a beta of 0.67.

About Maple Gold Mines

(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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