MacDonald Mines Exploration (CVE:BMK) Stock Price Down 10%

MacDonald Mines Exploration Ltd. (CVE:BMK) shares fell 10% during mid-day trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09, 143,200 shares changed hands during trading. A decline of 54% from the average session volume of 310,371 shares. The stock had previously closed at C$0.10.

The firm has a market cap of $15.32 million and a P/E ratio of -6.79. The firm has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.07.

MacDonald Mines Exploration Company Profile (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.

Read More: Example of operating income, EBIT and EBITDA

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