Maple Gold Mines (CVE:MGM) Trading Up 15.4%

Maple Gold Mines Ltd. (CVE:MGM) shares shot up 15.4% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 123,000 shares traded hands during trading, a decline of 8% from the average session volume of 134,047 shares. The stock had previously closed at C$0.07.

Maple Gold Mines Trading Up 15.4 %

The company has a debt-to-equity ratio of 8.66, a current ratio of 3.12 and a quick ratio of 4.95. The company’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The stock has a market capitalization of C$25.47 million, a PE ratio of -2.50 and a beta of 0.46.

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.