MacDonald Mines Exploration (CVE:BMK) Sets New 52-Week Low at $0.02

MacDonald Mines Exploration Ltd. (CVE:BMK – Get Rating) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2829390 shares trading hands. The stock had previously closed at C$0.03.

The company has a quick ratio of 1.75, a current ratio of 2.15 and a debt-to-equity ratio of 3.84. The company’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The company has a market capitalization of C$5.18 million and a PE ratio of -2.00.

MacDonald Mines Exploration Company Profile (CVE:BMK)

MacDonald Mines Exploration Ltd., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, copper, cobalt, nickel, and rare earth element deposits. It owns 100% interest in the Scadding-Powerline-Jovan property that covers an area of 19,380 hectares located to the east of Sudbury in Northern Ontario.

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