Moon River Moly (CVE:MOO) Trading 17.2% Higher – What’s Next?

Moon River Moly Ltd. (CVE:MOOGet Free Report) shares traded up 17.2% on Tuesday . The stock traded as high as C$0.38 and last traded at C$0.38. 5,000 shares were traded during mid-day trading, a decline of 66% from the average session volume of 14,762 shares. The stock had previously closed at C$0.32.

Moon River Moly Stock Up 17.2%

The company’s fifty day simple moving average is C$0.38 and its two-hundred day simple moving average is C$0.39. The company has a market capitalization of C$12.36 million, a price-to-earnings ratio of -1.25 and a beta of 2.60.

Moon River Moly Company Profile

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Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia.

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