Moon River Moly Ltd. (CVE:MOO – Get Free Report) shares traded up 13.3% during trading on Thursday. The company traded as high as C$0.69 and last traded at C$0.68. Approximately 209,700 shares changed hands during trading, an increase of 446% from the average session volume of 38,425 shares. The stock had previously closed at C$0.60.
Moon River Moly Stock Performance
The stock’s 50-day simple moving average is C$0.64 and its 200-day simple moving average is C$0.73. The firm has a market capitalization of C$25.53 million, a PE ratio of -4.10 and a beta of 3.53.
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. The company was incorporated in 2019 and is based in Toronto, Canada.
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