Red Moon Resources (CVE:RMK) Hits New 1-Year High at $0.16

Red Moon Resources Inc (CVE:RMK) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16, with a volume of 94804 shares traded. The stock had previously closed at C$0.03.

The stock has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.06. The firm has a market capitalization of $2.02 million and a price-to-earnings ratio of -53.33.

Red Moon Resources Company Profile (CVE:RMK)

Red Moon Resources Inc, a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interests in the Captain Cook Salt project covering 922 claims in the Bay St.

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