Balmoral Resources (TSE:BAR) Trading Down 4.2%

Balmoral Resources Ltd (TSE:BAR)’s stock price traded down 4.2% during trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.23, 26,100 shares were traded during trading. A decline of 83% from the average session volume of 157,710 shares. The stock had previously closed at C$0.24.

The company has a current ratio of 8.23, a quick ratio of 7.97 and a debt-to-equity ratio of 1.12. The business’s fifty day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.17. The stock has a market capitalization of $37.99 million and a P/E ratio of -14.67.

Balmoral Resources Company Profile (TSE:BAR)

Balmoral Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, nickel, copper, cobalt, platinum, and palladium deposits. Its principal project is the Detour Trend gold project located in Quebec.

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