Maple Gold Mines (CVE:MGM – Get Free Report) was upgraded by stock analysts at ATB Cormark Capital Markets to a “moderate buy” rating in a report issued on Monday, Zacks reports.
Maple Gold Mines Trading Up 3.8%
MGM opened at C$2.49 on Monday. The stock’s fifty day moving average is C$2.85 and its two-hundred day moving average is C$2.75. The company has a market capitalization of C$184.96 million, a P/E ratio of -14.65 and a beta of 1.57. Maple Gold Mines has a 52 week low of C$1.24 and a 52 week high of C$4.00. The company has a quick ratio of 4.95, a current ratio of 4.82 and a debt-to-equity ratio of 3.78.
Maple Gold Mines Company Profile
Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada. The company also holds 100% interest in the Morris Project comprising 34 claims located in the Morris Township, Quebec, as well as has an option to acquire 100% interest in the Eagle Mine Property in Quebec, Canada.
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