Shares of American Manganese Inc. (CVE:AMY) fell 4.2% on Thursday . The company traded as low as C$0.23 and last traded at C$0.23, 54,065 shares were traded during mid-day trading. A decline of 64% from the average session volume of 148,644 shares. The stock had previously closed at C$0.24.
The stock has a fifty day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.18. The stock has a market cap of $42.10 million and a price-to-earnings ratio of -11.50.
American Manganese Company Profile (CVE:AMY)
American Manganese Inc, an exploration stage company, acquires, explores for, and develops mineral resource projects in British Columbia, Canada and Arizona, the United States. The company owns interests in the Artillery Peak property includes 30 unpatented mineral claims covering approximately 600 acres, and 13 patented surface estates; the Rocher Deboule property totaling an area of 10,230 hectares located in British Columbia; and Lonnie property covering an area of approximately 3,477 hectares located in British Columbia.
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