Maple Gold Mines (CVE:MGM) Reaches New 52-Week Low – Time to Sell?

Shares of Maple Gold Mines Ltd. (CVE:MGMGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 256935 shares trading hands. The stock had previously closed at C$0.05.

Maple Gold Mines Price Performance

The firm has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.07. The stock has a market capitalization of C$22.57 million, a PE ratio of -1.83 and a beta of 0.50. The company has a current ratio of 2.22, a quick ratio of 4.95 and a debt-to-equity ratio of 5.05.

About Maple Gold Mines

(Get Free Report)

Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project covering an area of approximately 357 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada.

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