Margaux Resources (CVE:MRL) Stock Price Up 14.3%

Margaux Resources Ltd (CVE:MRL)’s stock price traded up 14.3% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08, 91,400 shares traded hands during mid-day trading. An increase of 61% from the average session volume of 56,890 shares. The stock had previously closed at C$0.07.

The firm’s 50-day moving average is C$0.08. The company has a debt-to-equity ratio of 9.40, a current ratio of 0.96 and a quick ratio of 0.83. The stock has a market capitalization of $7.42 million and a P/E ratio of -0.77.

About Margaux Resources (CVE:MRL)

Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia.

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