Cache Exploration (CAY) Shares Down 12.5%

Shares of Cache Exploration Inc. (CVE:CAY) traded down 12.5% during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 110,000 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 168,200 shares. The stock had previously closed at C$0.04.

The company has a debt-to-equity ratio of 0.89, a current ratio of 0.34 and a quick ratio of 0.07.

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Cache Exploration Company Profile (CVE:CAY)

Cache Exploration Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It holds 100% interest in Kiyuk Lake gold property that consists of 70 mineral claims covering an area of 590 square kilometers located in Nunavut. The company was incorporated in 2005 and is headquartered in Surrey, Canada.

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