Cassiar Gold Corp. (MRL.V) (CVE:MRL) Shares Climb 3.4% – Here’s What Happened

Cassiar Gold Corp. (MRL.V) (CVE:MRL)’s stock price was up 3.4% during mid-day trading on Wednesday. The stock traded as high as C$0.75 and last traded at C$0.75. 117,420 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 204,600 shares. The stock had previously closed at C$0.72.

Cassiar Gold Corp. (MRL.V) Trading Up 3.4%

The company has a market cap of C$30.08 million and a price-to-earnings ratio of -10.42. The business has a fifty day simple moving average of C$0.75 and a 200 day simple moving average of C$0.75. The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 1.81.

Cassiar Gold Corp. (MRL.V) Company Profile

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. The company was formerly known as Carmen Energy Inc and changed its name to Margaux Resources Ltd.