Magnum Goldcorp Inc. (CVE:MGI – Get Free Report)’s stock price rose 71.4% during mid-day trading on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 33,011 shares changed hands during trading, an increase of 165% from the average daily volume of 12,472 shares. The stock had previously closed at C$0.07.
Magnum Goldcorp Stock Up 71.4%
The company has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$4.63 million, a PE ratio of -1.50 and a beta of -0.37. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.05 and a quick ratio of 0.65.
About Magnum Goldcorp
Magnum Goldcorp Inc engages in the acquisition and exploration of mineral resource properties in Canada. It owns a 100% interest in the LH gold property, which consists of 19 contiguous crown granted claims and 7 mineral claims located to the south of the village of Silverton, British Columbia. The company was formerly known as Magnum Capital Corp.
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