MC Mining (LON:MCM) Stock Price Up 3.1%

MC Mining Limited (LON:MCMGet Free Report) traded up 3.1% during mid-day trading on Thursday . The stock traded as high as GBX 8.25 ($0.10) and last traded at GBX 8.25 ($0.10). 3,067 shares were traded during trading, a decline of 97% from the average session volume of 105,495 shares. The stock had previously closed at GBX 8 ($0.10).

MC Mining Price Performance

The company’s 50 day moving average price is GBX 7.67 and its 200-day moving average price is GBX 7.45. The company has a market capitalization of £33.65 million, a PE ratio of -412.50 and a beta of 0.95. The company has a current ratio of 0.38, a quick ratio of 0.12 and a debt-to-equity ratio of 24.73.

MC Mining Company Profile

(Get Free Report)

MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of coking and thermal coal projects in South Africa. The company's principal projects include the Uitkomst Colliery, a metallurgical and thermal coal project located in the KwaZulu Natal province; the Makhado hard coking and thermal coal project situated in the Soutpansberg coalfield in the Limpopo province; the Vele Colliery, a semi-soft coking and thermal coal mine located to the west of Musina in the Limpopo province; and Greater Soutpansberg Projects, including Chapudi, Generaal, and Mopane projects located in Limpopo province.

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