Moon River Moly Ltd. (CVE:MOO – Get Free Report)’s share price rose 2.4% during mid-day trading on Wednesday . The stock traded as high as C$0.85 and last traded at C$0.84. Approximately 9,500 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 55,351 shares. The stock had previously closed at C$0.82.
Moon River Moly Stock Up 2.4%
The company has a market capitalization of C$31.54 million, a P/E ratio of -20.00 and a beta of 3.33. The firm has a fifty day simple moving average of C$0.76 and a 200-day simple moving average of C$0.79.
About Moon River Moly
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. The company was incorporated in 2019 and is based in Toronto, Canada.
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