Anaconda Mining (TSE:ANX) Stock Price Passes Above Two Hundred Day Moving Average of $0.00

Anaconda Mining Inc. (TSE:ANXGet Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$0.52. Anaconda Mining shares last traded at C$0.51, with a volume of 21,993 shares trading hands.

Anaconda Mining Trading Down 1.9 %

The company has a market cap of C$92.37 million and a price-to-earnings ratio of -12.44. The company has a quick ratio of 0.69, a current ratio of 1.09 and a debt-to-equity ratio of 2.26. The business’s 50 day simple moving average is C$0.51.

About Anaconda Mining

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Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 6 mining leases and 7 mineral licenses with a total of 5,552 hectares located in the Baie Verte Mining District, Newfoundland; and the Goldboro Gold project comprising 37 contiguous claims covering an area of 592 hectares situated to the northeast of Halifax, Nova Scotia.

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