Balmoral Resources Ltd (TSE:BAR – Get Free Report) shares dropped 1.2% during mid-day trading on Monday . The company traded as low as C$0.79 and last traded at C$0.80. Approximately 606,717 shares were traded during trading, a decline of 15% from the average daily volume of 712,691 shares. The stock had previously closed at C$0.81.
Balmoral Resources Stock Performance
The stock’s fifty day simple moving average is C$0.80. The company has a current ratio of 5.28, a quick ratio of 5.19 and a debt-to-equity ratio of 0.81. The firm has a market cap of C$142.23 million and a P/E ratio of -66.67.
About Balmoral Resources
Balmoral Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, nickel, copper, cobalt, platinum, and palladium deposits. Its principal project is the Detour Trend gold project located in Quebec.
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