Moon River Moly Ltd. (CVE:MOO – Get Free Report)’s share price dropped 6% on Monday . The company traded as low as C$0.47 and last traded at C$0.47. Approximately 43,000 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 17,263 shares. The stock had previously closed at C$0.50.
Moon River Moly Price Performance
The business’s fifty day moving average price is C$0.61 and its 200-day moving average price is C$0.62. The stock has a market capitalization of C$15.49 million, a price-to-earnings ratio of -1.57 and a beta of 2.60.
Moon River Moly Company Profile
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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