Moneta Gold Inc. (TSE:ME – Get Free Report) was up 1.6% during trading on Monday . The company traded as high as C$0.63 and last traded at C$0.63. Approximately 75,640 shares traded hands during mid-day trading, an increase of 101% from the average daily volume of 37,638 shares. The stock had previously closed at C$0.62.
Moneta Gold Stock Performance
The company has a quick ratio of 1.79, a current ratio of 1.87 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average of C$1.11 and a 200 day moving average of C$0.97. The stock has a market capitalization of C$50.90 million, a P/E ratio of -1.85 and a beta of 1.47.
Moneta Gold Company Profile
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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