Medusa Mining (ASX:MML) Stock Crosses Above Two Hundred Day Moving Average of $0.52

By Denise Davis

Medusa Mining Limited (ASX:MML)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.52 and traded as high as $0.86. Medusa Mining shares last traded at $0.86, with a volume of 169,025 shares trading hands.

The company has a 50-day simple moving average of A$0.78 and a 200-day simple moving average of A$0.52. The firm has a market cap of $178.70 million and a PE ratio of 5.00. The company has a debt-to-equity ratio of 5.52, a current ratio of 1.72 and a quick ratio of 1.09.

About Medusa Mining (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: Medusa Mining Limited

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