Balmoral Resources (TSE:BAR) Stock Price Down 1.2%

Balmoral Resources Ltd (TSE:BARGet Free Report) shares dropped 1.2% on Monday . The stock traded as low as C$0.79 and last traded at C$0.80. Approximately 606,717 shares changed hands during trading, a decline of 15% from the average daily volume of 712,691 shares. The stock had previously closed at C$0.81.

Balmoral Resources Stock Down 1.2 %

The company has a market cap of C$142.23 million and a P/E ratio of -66.67. The business’s 50-day moving average price is C$0.80. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.19 and a current ratio of 5.28.

About Balmoral Resources

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Balmoral Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, nickel, copper, cobalt, platinum, and palladium deposits. Its principal project is the Detour Trend gold project located in Quebec.

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