Moon River Capital (CVE:MOO) Trading Down 15.5%

Moon River Capital Ltd. (CVE:MOOGet Free Report) shares dropped 15.5% on Wednesday . The stock traded as low as C$0.60 and last traded at C$0.60. Approximately 9,500 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 18,238 shares. The stock had previously closed at C$0.71.

Moon River Capital Price Performance

The firm has a market capitalization of C$19.78 million, a P/E ratio of 600.00 and a beta of 2.37. The company’s 50-day simple moving average is C$0.71 and its two-hundred day simple moving average is C$0.90.

Moon River Capital Company Profile

(Get Free Report)

Moon River Capital Ltd., a resource company, focuses on the acquisition, exploration, and development of mineral projects. It focuses on the development of the Davidson Property, which includes six mineral leases covering approximately 1,631.8 hectares in British Columbia. The Davidson Property hosts a molybdenum-tungsten deposit.

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