Moon River Moly (CVE:MOO) Shares Up 3.1% – Here’s Why

Moon River Moly Ltd. (CVE:MOOGet Free Report) shares were up 3.1% during mid-day trading on Thursday . The stock traded as high as C$0.67 and last traded at C$0.67. 1,819 shares changed hands during trading, a decline of 96% from the average daily volume of 40,882 shares. The stock had previously closed at C$0.65.

Moon River Moly Stock Performance

The business’s fifty day moving average price is C$0.72 and its 200-day moving average price is C$0.74. The stock has a market cap of C$25.15 million, a PE ratio of -4.04 and a beta of 3.13.

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. The company was incorporated in 2019 and is based in Toronto, Canada.

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