Shares of Moon River Moly Ltd. (CVE:MOO – Get Free Report) fell 6% on Monday . The stock traded as low as C$0.47 and last traded at C$0.47. 43,000 shares traded hands during mid-day trading, an increase of 149% from the average session volume of 17,263 shares. The stock had previously closed at C$0.50.
Moon River Moly Price Performance
The stock has a fifty day simple moving average of C$0.61 and a two-hundred day simple moving average of C$0.62. The firm has a market capitalization of C$15.49 million, a P/E ratio of -1.57 and a beta of 2.60.
Moon River Moly Company Profile
Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia.
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