Millrock Resources (CVE:MRO) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Millrock Resources Inc. (CVE:MROGet Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.03 and traded as low as C$0.03. Millrock Resources shares last traded at C$0.04, with a volume of 635,000 shares traded.

Millrock Resources Trading Up 16.7 %

The company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04. The company has a quick ratio of 7.37, a current ratio of 7.68 and a debt-to-equity ratio of 8.08. The company has a market capitalization of C$5.47 million, a price-to-earnings ratio of -5.00 and a beta of 0.03.

Millrock Resources Company Profile

(Get Free Report)

Millrock Resources Inc engages in the acquisition and exploration of mineral properties. It deposits for gold, copper, porphyry, silver, and other metals. The company holds an interest in the 64North Gold project covering an area of approximately 1,860 hectares; Chisna DragonSlayer project; and Apex El Nido covering an area of approximately 315 hectares located in Alaska.

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