Medusa Mining (ASX:MML) Shares Cross Above 200 Day Moving Average of $0.00

By Gayle Cristol

Medusa Mining Limited (ASX:MML)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.71. Medusa Mining shares last traded at $0.70, with a volume of 628,804 shares changing hands.

The firm has a market capitalization of $145.46 million and a P/E ratio of -2.36. The company’s 50 day simple moving average is A$0.55. The company has a debt-to-equity ratio of 7.95, a quick ratio of 0.79 and a current ratio of 1.15.

Medusa Mining Company Profile (ASX:MML)

Medusa Mining Limited, together with its subsidiaries, engages in the exploration, evaluation, development, mining, and production of gold properties. The company also explores for silver and copper deposits. It holds interests in the Co-O mine covering 596 square kilometers located in the Philippines.

Source: Trent Times

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