Moon River Moly Ltd. (CVE:MOO – Get Free Report) shot up 10% on Tuesday . The company traded as high as C$0.66 and last traded at C$0.66. 2,500 shares traded hands during trading, a decline of 92% from the average session volume of 29,865 shares. The stock had previously closed at C$0.60.
Moon River Moly Price Performance
The business has a 50-day simple moving average of C$0.65 and a two-hundred day simple moving average of C$0.47. The stock has a market cap of C$21.75 million, a price-to-earnings ratio of -6.80 and a beta of 3.20.
Moon River Moly Company Profile
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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