Cassiar Gold Corp. (MRL.V) (CVE:MRL) Trading Up 3.4% – Here’s Why

by · The Cerbat Gem

Shares of Cassiar Gold Corp. (MRL.V) (CVE:MRL – Get Free Report) rose 3.4% on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 587,100 shares were traded during trading, an increase of 187% 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 stock has a fifty day moving average of C$0.27 and a two-hundred day moving average of C$0.40. The stock has a market cap of C$6.02 million and a price-to-earnings ratio of -2.08. The company has a quick ratio of 0.70, a current ratio of 0.71 and a debt-to-equity ratio of 1.81.

Insider Buying and Selling at Cassiar Gold Corp. (MRL.V)

In other Cassiar Gold Corp. (MRL.V) news, Senior Officer Luogang Chen sold 156,000 shares of the company’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of C$0.29, for a total value of C$45,255.60. Over the last 90 days, insiders have bought 32,200 shares of company stock valued at $8,113.

Cassiar Gold Corp. (MRL.V) Company Profile

(Get Free Report)

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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