Margaux Resources (CVE:MRL) Shares Up 21.1%

Margaux Resources Ltd (CVE:MRL) shot up 21.1% during trading on Tuesday . The company traded as high as C$0.12 and last traded at C$0.12, 436,000 shares were traded during mid-day trading. An increase of 408% from the average session volume of 85,888 shares. The stock had previously closed at C$0.10.

The company has a debt-to-equity ratio of 6.28, a quick ratio of 0.11 and a current ratio of 0.13. The stock’s 50-day moving average is C$0.07 and its 200 day moving average is C$0.07. The stock has a market capitalization of $7.79 million and a PE ratio of -5.59.

Margaux Resources Company Profile (CVE:MRL)

Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia.

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