MacDonald Mines Exploration (CVE:BMK) Reaches New 52-Week High at $0.08

MacDonald Mines Exploration Ltd. (CVE:BMK)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08, with a volume of 1527350 shares trading hands. The stock had previously closed at C$0.06.

The company has a market cap of $4.26 million and a PE ratio of -4.17. The stock’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.04.

About MacDonald Mines Exploration (CVE:BMK)

MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, zinc, cobalt, copper, nickel, platinum group elements, chromite, and vanadium deposits. It holds a 100% interest in the Wawa- Holdsworth gold and silver project that include 18 contiguous mining claims covering an area of approximately 285 hectares located in the Corbiere and Esquega Townships of Northern Ontario.

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