Monument Mining Limited (CVE:MMY - Get Free Report) was up 9.2% on Thursday . The company traded as high as C$0.36 and last traded at C$0.36. Approximately 743,809 shares were traded during mid-day trading, an increase of 97% from the average daily volume of 378,270 shares. The stock had previously closed at C$0.33.
Analyst Ratings Changes
Separately, Fundamental Research set a C$0.59 target price on shares of Monument Mining and gave the company a "buy" rating in a report on Monday, January 6th.
Read Our Latest Stock Analysis on MMY
Monument Mining Price Performance
The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.36 and a current ratio of 2.70. The firm has a market capitalization of C$86.60 million, a price-to-earnings ratio of 9.09 and a beta of 1.07. The firm has a fifty day moving average price of C$0.35 and a 200 day moving average price of C$0.28.
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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