MacDonald Mines Exploration Ltd. (CVE:BMK) shares traded down 7.1% on Friday . The company traded as low as C$0.06 and last traded at C$0.07, 660,500 shares were traded during trading. An increase of 111% from the average session volume of 312,538 shares. The stock had previously closed at C$0.07.

The company’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09. The stock has a market capitalization of $8.96 million and a price-to-earnings ratio of -2.24.

MacDonald Mines Exploration (CVE:BMK) last issued its quarterly earnings results on Thursday, November 28th. The company reported C($0.02) EPS for the quarter.

MacDonald Mines Exploration Company Profile (CVE:BMK)

MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, zinc, cobalt, copper, nickel, platinum group elements, chromite, and vanadium deposits. It holds a 100% interest in the Wawa- Holdsworth gold and silver project that include 18 contiguous mining claims covering an area of approximately 285 hectares located in the Corbiere and Esquega Townships of Northern Ontario.

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