MacDonald Mines Exploration (CVE:BMK) Reaches New 1-Year High – Should You Buy?

MacDonald Mines Exploration Ltd. (CVE:BMKGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$0.05 and last traded at C$0.05, with a volume of 35200 shares trading hands. The stock had previously closed at C$0.05.

MacDonald Mines Exploration Stock Performance

The company has a debt-to-equity ratio of 3.84, a current ratio of 0.10 and a quick ratio of 0.27. The stock has a market cap of C$1.90 million, a P/E ratio of -4.00 and a beta of 0.15. The stock has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.

About MacDonald Mines Exploration

(Get Free Report)

MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.

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