Moon River Moly (CVE:MOO) Stock Price Down 1.4% – Here’s What Happened

Moon River Moly Ltd. (CVE:MOOGet Free Report) traded down 1.4% on Thursday . The stock traded as low as C$0.73 and last traded at C$0.73. Approximately 1,000 shares were traded during mid-day trading, a decline of 98% from the average session volume of 44,933 shares. The stock had previously closed at C$0.74.

Moon River Moly Price Performance

The stock has a market cap of C$27.41 million, a price-to-earnings ratio of 23.55 and a beta of 3.49. The company’s fifty day moving average price is C$0.77 and its 200-day moving average price is C$0.78.

About Moon River Moly

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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. The company was incorporated in 2019 and is based in Toronto, Canada.

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