Monument Mining (CVE:MMY) Shares Up 5%

Monument Mining Limited (CVE:MMYGet Rating)’s share price shot up 5% during trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. 25,500 shares were traded during trading, a decline of 61% from the average session volume of 65,320 shares. The stock had previously closed at C$0.10.

Monument Mining Stock Up 5.0 %

The business has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.08. The company has a quick ratio of 2.36, a current ratio of 4.51 and a debt-to-equity ratio of 0.23. The firm has a market cap of C$34.32 million and a P/E ratio of -2.63.

About Monument Mining

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Monument Mining Limited operates as a gold producer and mining asset developer in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, Peranggih, 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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