Moon River Moly (CVE:MOO) Shares Up 10.8% – Time to Buy?

Moon River Moly Ltd. (CVE:MOOGet Free Report)’s stock price traded up 10.8% during trading on Tuesday . The stock traded as high as C$0.46 and last traded at C$0.46. 29,500 shares traded hands during mid-day trading, an increase of 70% from the average session volume of 17,322 shares. The stock had previously closed at C$0.42.

Moon River Moly Price Performance

The company has a market capitalization of C$15.16 million, a P/E ratio of -1.53 and a beta of 2.60. The company’s 50-day moving average price is C$0.46 and its two-hundred day moving average price is C$0.56.

About Moon River Moly

(Get Free Report)

Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. The company primarily explores for molybdenum deposit. It holds rights and interests in the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares and seven mineral claims covering 2,202.02 hectares located near the town of Smithers, British Columbia.

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