MacDonald Mines Exploration (CVE:BMK) Reaches New 12-Month Low – Here’s Why

MacDonald Mines Exploration Ltd. (CVE:BMKGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 3000 shares. The stock had previously closed at C$0.04.

MacDonald Mines Exploration Stock Performance

The company has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a quick ratio of 0.27, a current ratio of 0.10 and a debt-to-equity ratio of 3.84. The firm has a market capitalization of C$1.14 million, a PE ratio of -4.00 and a beta of 0.15.

MacDonald Mines Exploration Company Profile

(Get Free Report)

MacDonald Mines Exploration Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for gold, silver, copper, cobalt, and nickel deposits. It owns 100% interests in the Scadding-Powerline-Jovan project that covers an area of 19,455 hectares located in the southeast of the prolific Sudbury Mining Camp in Northern Ontario; and the Hembruff Copper Property, which consists of 30 mining claims that covers an area of 6.64 square kilometers situated in the Elliot Lake, Ontario.

Featured Articles

Receive News & Ratings for MacDonald Mines Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MacDonald Mines Exploration and related companies with MarketBeat.com's FREE daily email newsletter.