Moon River Moly Ltd. (CVE:MOO – Get Free Report) shares dropped 3.3% during mid-day trading on Thursday. The company traded as low as C$0.58 and last traded at C$0.58. Approximately 1,500 shares were traded during trading, a decline of 96% from the average daily volume of 39,073 shares. The stock had previously closed at C$0.60.
Moon River Moly Price Performance
The firm has a 50-day moving average price of C$0.68 and a two-hundred day moving average price of C$0.73. The firm has a market capitalization of C$21.40 million, a P/E ratio of -3.43 and a beta of 3.13.
About Moon River Moly
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. The company was incorporated in 2019 and is based in Toronto, Canada.
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