Constantine Metal Resources (CVE:CEM) Stock Price Up 4.5% – Here’s Why

Constantine Metal Resources Ltd. (CVE:CEMGet Free Report)’s share price shot up 4.5% during trading on Thursday . The stock traded as high as C$0.37 and last traded at C$0.35. 207,650 shares traded hands during mid-day trading, an increase of 199% from the average session volume of 69,562 shares. The stock had previously closed at C$0.33.

Constantine Metal Resources Trading Up 4.5 %

The stock has a market capitalization of C$22.52 million and a PE ratio of -10.78. The firm has a 50 day moving average price of C$0.35 and a 200 day moving average price of C$0.34. The company has a quick ratio of 2.07, a current ratio of 2.08 and a debt-to-equity ratio of 5.75.

Constantine Metal Resources Company Profile

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Constantine Metal Resources Ltd., a junior mining company, engages in the exploration and development of mineral properties in North America. The company primarily explores for copper, zinc, gold, and silver deposits. Its principal project is the Palmer project that includes 340 federal mining claims and 63 state mining claims located in Alaska, the United States.

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