Moon River Moly (CVE:MOO) Reaches New 1-Year Low – What’s Next?

by · The Markets Daily

Moon River Moly Ltd. (CVE:MOO – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The company traded as low as C$0.40 and last traded at C$0.40, with a volume of 16500 shares traded. The stock had previously closed at C$0.41.

Moon River Moly Stock Performance

The business has a fifty day moving average of C$0.54 and a 200-day moving average of C$0.59. The company has a market capitalization of C$13.68 million, a P/E ratio of -1.38 and a beta of 2.60.

Moon River Moly Company Profile

(Get Free Report)

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.

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