Moon River Moly (CVE:MOO) Stock Price Down 4.8% – Time to Sell?

Moon River Moly Ltd. (CVE:MOO – Get Free Report) shares were down 4.8% during trading on Thursday. The company traded as low as C$0.79 and last traded at C$0.79. 10,380 shares traded hands during trading, a decline of 73% from the average daily volume of 39,164 shares. The stock had previously closed at C$0.83.

Moon River Moly Price Performance

The company has a market cap of C$29.66 million, a PE ratio of -4.76 and a beta of 3.79. The company has a 50-day moving average price of C$0.68 and a two-hundred day moving average price of C$0.74.

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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