Red Moon Resources (CVE:RMK) Trading Up 3.3% – What’s Next?

by · The Markets Daily

Red Moon Resources Inc. (CVE:RMK – Get Free Report)’s share price was up 3.3% on Friday . The stock traded as high as C$0.99 and last traded at C$0.95. Approximately 265,538 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 269,422 shares. The stock had previously closed at C$0.92.

Red Moon Resources Stock Performance

The business has a 50-day moving average of C$0.95 and a 200-day moving average of C$0.95. The stock has a market capitalization of C$70.21 million and a price-to-earnings ratio of -36.54.

Red Moon Resources Company Profile

(Get Free Report)

Red Moon Resources Inc, a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St.

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