Moneta Gold (TSE:ME) Shares Cross Below 200-Day Moving Average of $0.98

Moneta Gold Inc. (TSE:MEGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.98 and traded as low as C$0.60. Moneta Gold shares last traded at C$0.63, with a volume of 75,640 shares trading hands.

Moneta Gold Price Performance

The company has a current ratio of 1.87, a quick ratio of 1.79 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of C$50.90 million, a PE ratio of -1.85 and a beta of 1.47. The company has a fifty day moving average price of C$1.15 and a two-hundred day moving average price of C$0.98.

About Moneta Gold

(Get Free Report)

Moneta Gold Inc engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for gold deposits. The company's flagship project is the Tower gold project, which is located in the Timmins region of Northeastern Ontario. The company was formerly known as Moneta Porcupine Mines Inc and changed its name to Moneta Gold Inc in August 2021.

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