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Monument Mining (CVE:MMY) Sets New 52-Week High - Here's Why

Monument Mining logo with Basic Materials background

Key Points

  • Monument Mining Limited achieved a new 52-week high stock price of C$0.82 during trading, closing at C$0.80 with a volume of 749,364 shares.
  • The company has a market capitalization of C$315.65 million and notable financial ratios including a price-to-earnings ratio of 13.84 and a debt-to-equity ratio of 0.12.
  • Monument Mining operates gold production activities and holds 100% interest in the Selinsing gold mine, along with various projects in Malaysia and Australia.
  • Five stocks to consider instead of Monument Mining.

Monument Mining Limited (CVE:MMY - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.82 and last traded at C$0.80, with a volume of 749364 shares. The stock had previously closed at C$0.65.

Monument Mining Stock Performance

The business has a 50-day moving average price of C$0.57 and a 200-day moving average price of C$0.48. The firm has a market capitalization of C$315.65 million, a price-to-earnings ratio of 13.84 and a beta of 1.58. The company has a quick ratio of 2.36, a current ratio of 2.70 and a debt-to-equity ratio of 0.12.

Monument Mining Company Profile

(Get Free Report)

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia.

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