Constantine Metal Resources (CVE:CEM) Stock Price Up 4.5% – Here’s What Happened

Constantine Metal Resources Ltd. (CVE:CEM) shares rose 4.5% on Wednesday. The stock traded as high as C$0.36 and last traded at C$0.34. 207,650 shares were traded during trading, an increase of 199% from the average daily volume of 69,562 shares. The stock had previously closed at C$0.33.

Constantine Metal Resources Trading Up 4.5%

The company has a fifty day simple moving average of C$0.35 and a two-hundred day simple moving average of C$0.34. The company has a market cap of C$22.52 million and a PE ratio of -10.78. The company has a current ratio of 2.08, a quick ratio of 2.07 and a debt-to-equity ratio of 5.75.

About Constantine Metal Resources

Constantine Metal Resources Ltd., a junior mining company, engages in the exploration and development of mineral properties in North America. The company primarily explores for copper, zinc, gold, and silver deposits. Its principal project is the Palmer project that includes 340 federal mining claims and 63 state mining claims located in Alaska, the United States. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.