Medallion Resources Ltd. (CVE:MDL)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 15000 shares trading hands. The stock had previously closed at C$0.09.
The business’s 50 day moving average is C$0.10 and its 200-day moving average is C$0.13. The firm has a market capitalization of $3.71 million and a P/E ratio of -3.48.
About Medallion Resources (CVE:MDL)
Medallion Resources Ltd. acquires and explores for mineral resource projects. It explores for monazite, a rare earth element. The company was incorporated in 1989 and is headquartered in Vancouver, Canada.
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