Shares of Monument Mining Limited (CVE:MMY - Get Free Report) rose 44.6% on Thursday . The company traded as high as C$0.99 and last traded at C$0.94. Approximately 3,478,598 shares traded hands during trading, an increase of 913% from the average daily volume of 343,462 shares. The stock had previously closed at C$0.65.
Monument Mining Trading Up 44.6%
The company has a quick ratio of 2.36, a current ratio of 2.70 and a debt-to-equity ratio of 0.12. The business's fifty day simple moving average is C$0.58 and its two-hundred day simple moving average is C$0.48. The company has a market cap of C$309.07 million, a price-to-earnings ratio of 13.55 and a beta of 1.58.
About Monument Mining
(
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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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