Moon River Moly Ltd. (CVE:MOO – Get Free Report)’s share price rose 36.6% during mid-day trading on Tuesday . The stock traded as high as C$0.97 and last traded at C$0.97. Approximately 351,389 shares traded hands during trading, an increase of 998% from the average daily volume of 32,016 shares. The stock had previously closed at C$0.71.
Moon River Moly Price Performance
The stock has a market cap of C$29.66 million, a P/E ratio of -9.28 and a beta of 3.20. The firm’s 50-day moving average price is C$0.68 and its 200-day moving average price is C$0.48.
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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