Pistol Bay Mining (CVE:PST) Stock Price Up 50%

Pistol Bay Mining Inc (CVE:PST)’s share price rose 50% during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05, approximately 445,500 shares traded hands during mid-day trading. An increase of 64% from the average daily volume of 272,221 shares. The stock had previously closed at C$0.03.

The firm’s fifty day simple moving average is C$0.04. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 2.06. The company has a market cap of $1.47 million and a price-to-earnings ratio of -1.67.

About Pistol Bay Mining (CVE:PST)

Pistol Bay Mining Inc, a junior mining exploration company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for zinc, copper, uranium, and other base metal deposits. The company primarily focuses on the 100% optioned properties in Confederation Lake volcanogenic massive sulphide greenstone belt, including Garnet Lake/Arrow Zone; Dixie 17, 18, 19, 20, and 3; Fredart and Copperlode; Ben Lake, Joy, and Caravelle; and Lucky 7/Moth claims located in Ontario.

See Also: Lock-Up Period Expiration

Receive News & Ratings for Pistol Bay Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pistol Bay Mining and related companies with MarketBeat.com's FREE daily email newsletter.