Millrock Resources (CVE:MRO) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Millrock Resources Inc. (CVE:MROGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.04 and traded as high as C$0.04. Millrock Resources shares last traded at C$0.04, with a volume of 635,000 shares.

Millrock Resources Price Performance

The firm has a market cap of C$5.47 million, a PE ratio of -5.00 and a beta of 0.03. The company has a current ratio of 7.68, a quick ratio of 7.37 and a debt-to-equity ratio of 8.08. The company has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.04.

Millrock Resources Company Profile

(Get Free Report)

Millrock Resources Inc engages in the acquisition and exploration of mineral properties. It deposits for gold, copper, porphyry, silver, and other metals. The company holds an interest in the 64North Gold project covering an area of approximately 1,860 hectares; Chisna DragonSlayer project; and Apex El Nido covering an area of approximately 315 hectares located in Alaska.

Further Reading

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