Shares of 92 Resources Corp (CVE:NTY) dropped 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, approximately 769,000 shares were traded during trading. An increase of 89% from the average daily volume of 407,577 shares. The stock had previously closed at C$0.04.
The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04. The company has a debt-to-equity ratio of 1.73, a current ratio of 2.51 and a quick ratio of 2.29. The stock has a market capitalization of $3.51 million and a price-to-earnings ratio of -2.31.
About 92 Resources (CVE:NTY)
92 Resources Corp., an energy solution company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company has an option agreement to acquire 100% interests in Pontax Lithium property consisting of 104 mineral claims covering an area of approximately 5,536 hectares near Eastmain, Quebec.
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