92 Resources (CVE:NTY) Shares Down 20%

92 Resources Corp (CVE:NTY)’s share price was down 20% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, approximately 240,000 shares traded hands during trading. A decline of 40% from the average daily volume of 401,349 shares. The stock had previously closed at C$0.03.

The company has a debt-to-equity ratio of 1.73, a quick ratio of 2.29 and a current ratio of 2.51. The firm’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The stock has a market cap of $2.20 million and a P/E ratio of -1.54.

92 Resources Company Profile (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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