Maple Gold Mines (CVE:MGM) Shares Up 8.3% – Still a Buy?

Maple Gold Mines Ltd. (CVE:MGMGet Free Report) traded up 8.3% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. 116,858 shares traded hands during trading, a decline of 63% from the average session volume of 314,215 shares. The stock had previously closed at C$0.06.

Maple Gold Mines Stock Performance

The firm’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.07. The firm has a market cap of C$22.57 million, a price-to-earnings ratio of -2.00 and a beta of 0.50. The company has a current ratio of 2.22, a quick ratio of 4.95 and a debt-to-equity ratio of 5.05.

Maple Gold Mines Company Profile

(Get Free Report)

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.

Featured Articles

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