Millrock Resources (CVE:MRO) Stock Passes Above 50-Day Moving Average – Time to Sell?

Millrock Resources Inc. (CVE:MROGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Millrock Resources shares last traded at C$0.04, with a volume of 635,000 shares trading hands.

Millrock Resources Stock Performance

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 stock has a market capitalization of C$5.47 million, a P/E ratio of -5.00 and a beta of 0.03. The company has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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. Millrock Resources Inc was incorporated in 1979 and is headquartered in Vancouver, Canada.

Further Reading

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