Shares of Maple Gold Mines Ltd. (OTCMKTS:MGMLF – Get Free Report) fell 0.9% during trading on Wednesday . The stock traded as low as C$1.69 and last traded at C$1.70. 60,260 shares were traded during trading, a decline of 46% from the average session volume of 112,328 shares. The stock had previously closed at C$1.72.
Maple Gold Mines Stock Down 0.9%
The business’s fifty day moving average price is C$1.35 and its two-hundred day moving average price is C$0.83.
Maple Gold Mines Company Profile
Maple Gold Mines Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold projects in Quebec’s prolific Abitibi greenstone belt. The company’s flagship asset is the Douay gold project, which comprises several contiguous properties covering more than 300 square kilometres of prospective terrain. Through systematic drilling programs and detailed geological mapping, Maple Gold Mines aims to expand and define high‐grade gold mineralization within structurally controlled zones.
The Douay project lies approximately 60 kilometres northeast of the Abitibi town of Chibougamau, a well‐established mining district with supporting infrastructure such as year‐round road access, hydroelectric power and nearby milling facilities.
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