Millennium Minerals Ltd. (ASX:MOY) dropped 12.5% during mid-day trading on Thursday . The stock traded as low as A$0.06 ($0.04) and last traded at A$0.06 ($0.04), approximately 4,738,898 shares traded hands during mid-day trading. The stock had previously closed at A$0.07 ($0.05).
The firm’s 50 day moving average price is A$0.09 and its 200-day moving average price is A$0.11. The stock has a market cap of $56.16 million and a P/E ratio of -2.74. The company has a debt-to-equity ratio of 54.39, a current ratio of 0.40 and a quick ratio of 0.08.
About Millennium Minerals (ASX:MOY)
Millennium Minerals Limited explores, develops, mines, and processes gold properties in Australia. It holds a 100% interest in the Nullagine gold project that covers an area of 276 square kilometers located in the East Pilbara of Western Australia. The company is based in Belmont, Australia.
Featured Story: Understanding debt-to-equity ratio in fundamental analysis
Receive News & Ratings for Millennium Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Millennium Minerals and related companies with MarketBeat.com's FREE daily email newsletter.