Manitou Gold (CVE:MTU) Hits New 12-Month Low at $0.03

Manitou Gold Inc. (CVE:MTU) shares hit a new 52-week low on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 25000 shares. The stock had previously closed at C$0.04.

The company has a market cap of $4.89 million and a price-to-earnings ratio of -1.50. The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05.

Manitou Gold Company Profile (CVE:MTU)

Manitou Gold Inc acquires, explores for, and develops mineral properties in Canada. The company explores for gold properties. Its principal mineral assets include a 100% interest in the Kenwest property that holds 32 patented mining claims and 10 mining licenses of occupation covering 599 hectares located in the Township of Boyer Lake; and a 100% interest in the Gaffney property comprising 26 unpatented claims covering 4,560 hectares and 12 patented claims totaling 174 hectares located in the south of Dryden, Ontario.

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