Cassiar Gold Corp. (MRL.V) (CVE:MRL – Get Rating) rose 417.2% on Thursday . The company traded as high as C$0.75 and last traded at C$0.75. Approximately 117,420 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 204,600 shares. The stock had previously closed at C$0.15.
Cassiar Gold Corp. (MRL.V) Price Performance
The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.70 and a current ratio of 0.71. The stock has a market capitalization of C$30.08 million and a P/E ratio of -10.42. The firm has a 50-day moving average price of C$0.51 and a 200 day moving average price of C$0.67.
Cassiar Gold Corp. (MRL.V) Company Profile
(Get Rating)
Margaux Resources Ltd., a polymetallic exploration company, engages in the acquisition, exploration, and development of mineral properties in the Kootenay Arc in Southeastern British Columbia in Canada. The company primarily explores for zinc, gold, and tungsten deposits. It holds an option agreement to acquire a 100% interest in the Jackpot/Oxide, Ore Hill, Aspenex, Bayonne, Sheep Creek, Canex, and Old Timer properties located in Salmo, British Columbia.
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