Moon River Moly (CVE:MOO) Trading 6.6% Higher – Here’s Why

Shares of Moon River Moly Ltd. (CVE:MOOGet Free Report) traded up 6.6% during trading on Tuesday . The company traded as high as C$0.41 and last traded at C$0.41. 7,500 shares changed hands during trading, a decline of 56% from the average session volume of 17,070 shares. The stock had previously closed at C$0.38.

Moon River Moly Stock Up 6.6 %

The stock has a market cap of C$13.35 million, a PE ratio of -1.35 and a beta of 2.60. The business’s fifty day moving average is C$0.41 and its 200 day moving average is C$0.48.

Moon River Moly Company Profile

(Get Free Report)

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.

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