Medusa Mining (ASX:MML) Shares Pass Below 200-Day Moving Average of $0.56

Medusa Mining Limited (ASX:MML) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.56 and traded as low as $0.78. Medusa Mining shares last traded at $0.80, with a volume of 357,041 shares changing hands.

The company has a debt-to-equity ratio of 5.52, a quick ratio of 1.09 and a current ratio of 1.72. The stock’s 50-day moving average is A$0.83 and its 200 day moving average is A$0.56. The stock has a market capitalization of $166.24 million and a PE ratio of 4.65.

Medusa Mining Company Profile (ASX:MML)

Medusa Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, development, mining, and production of gold properties. The company also explores for silver and copper deposits. It holds interests in the Co-O mine covering 596 square kilometers located in the Philippines.

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