Stelmine Canada (CVE:STH) Trading 66.7% Higher – Time to Buy?

by · The Cerbat Gem

Stelmine Canada Ltd. (CVE:STH – Get Free Report) traded up 66.7% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 873,000 shares were traded during mid-day trading, an increase of 755% from the average session volume of 102,062 shares. The stock had previously closed at C$0.02.

Stelmine Canada Trading Down 25.0 %

The firm has a market capitalization of C$1.53 million, a price-to-earnings ratio of -1.50 and a beta of 1.41. The business has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.03. The company has a quick ratio of 2.10, a current ratio of 0.90 and a debt-to-equity ratio of 0.82.

About Stelmine Canada

(Get Free Report)

Stelmine Canada Ltd. engages in the acquisition, exploration, production, development, and operation of mining properties in Canada. The company primarily explores for gold. It holds 100% interests in the Courcy project comprising 165 claims covering an area of 86 square kilometers located in Fermont, Quebec; Mercator project, which comprise 1095 claims that covers an area of 561 square kilometers located within the extension of the Opinaca metasedimentary basin in the Caniapiscau district; Joubert property comprising 103 claims that covers an area of 55 kilometers located in Quebec; Trieste property comprising 14 claims located in Quebec; and Ilnu property comprising 82 claims located in Quebec.

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