Monument Mining (CVE:MMY) Shares Down 3.1%

Monument Mining Limited (CVE:MMY) was down 3.1% during trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 5,620 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 151,837 shares. The stock had previously closed at C$0.16.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.51 price objective on shares of Monument Mining and gave the company a “buy” rating in a report on Tuesday, July 9th.

Monument Mining Trading Down 3.1 %

The company has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.15. The company has a current ratio of 3.47, a quick ratio of 2.36 and a debt-to-equity ratio of 0.17. The company has a market capitalization of C$50.83 million, a price-to-earnings ratio of -15.50 and a beta of 0.99.

About Monument Mining

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, 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.