Cassiar Gold Corp. (MRL.V) (CVE:MRL) Trading 3.4% Higher – What’s Next?

Cassiar Gold Corp. (MRL.V) (CVE:MRL) shares traded up 3.4% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. 587,100 shares changed hands during trading, an increase of 187% from the average session volume of 204,600 shares. The stock had previously closed at C$0.15.

Cassiar Gold Corp. (MRL.V) Stock Up 3.4 %

The company has a market cap of C$6.02 million and a P/E ratio of -2.08. The company’s 50-day moving average is C$0.21 and its two-hundred day moving average is C$0.27. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.71 and a quick ratio of 0.70.

About Cassiar Gold Corp. (MRL.V)

Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia.