Anaconda Mining (TSE:ANX) Shares Pass Above Two Hundred Day Moving Average of $0.30

Anaconda Mining Inc (TSE:ANX) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.30 and traded as high as $0.25. Anaconda Mining shares last traded at $0.25, with a volume of 108,500 shares.

The stock has a 50-day moving average price of C$0.29 and a 200 day moving average price of C$0.30. The company has a debt-to-equity ratio of 13.19, a current ratio of 0.92 and a quick ratio of 0.45. The firm has a market cap of $37.50 million and a price-to-earnings ratio of -16.33.

About Anaconda Mining (TSE:ANX)

Anaconda Mining Inc operates as a gold mining, development, and exploration company in Canada. It holds a 100% interest in the Point Rousse project comprising 5 mining leases and 24 mineral licenses with a total of 5,878 hectares located in the Baie Verte Mining District, Newfoundland; Goldboro project comprising 37 contiguous claims covering an area of 600 hectares situated to the northeast of Halifax, Nova Scotia; and Viking project that covers an area of 6,225 hectares of prospective land located in Newfoundland.

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