Shares of Balmoral Resources Ltd (TSE:BAR – Get Rating) traded down 1.2% during mid-day trading on Monday . The company traded as low as C$0.79 and last traded at C$0.80. 606,717 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 712,691 shares. The stock had previously closed at C$0.81.
Balmoral Resources Stock Down 1.2 %
The firm has a market capitalization of C$142.23 million and a price-to-earnings ratio of -66.67. The business’s fifty day moving average is C$0.80. The company has a quick ratio of 5.19, a current ratio of 5.28 and a debt-to-equity ratio of 0.81.
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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