MacDonald Mines Exploration Ltd. (CVE:BMK – Get Free Report) shot up 25% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,279,200 shares were traded during trading, an increase of 1,386% from the average session volume of 86,088 shares. The stock had previously closed at C$0.06.
MacDonald Mines Exploration Stock Up 7.1 %
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 company has a market cap of C$2.86 million, a PE ratio of -4.00 and a beta of 0.15. The company has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04.
MacDonald Mines Exploration Company Profile
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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