Shares of Maple Gold Mines Ltd. (OTCMKTS:MGMLF – Get Free Report) dropped 1.6% during trading on Monday. The company traded as low as C$1.83 and last traded at C$1.84. 52,270 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 77,172 shares. The stock had previously closed at C$1.87.
Maple Gold Mines Stock Down 2.2%
The stock has a 50 day moving average of C$2.05 and a 200 day moving average of C$2.05.
About Maple Gold Mines
Maple Gold Mines Ltd. is a Canadian mineral exploration company focused on the discovery and development of gold deposits in Quebec. Its activities center on advancing exploration projects rather than producing or selling gold.
The company’s principal assets are the Douay Gold Project and the Joutel Gold Project, which are located in the Abitibi Greenstone Belt, a well-established mining region in northwestern Quebec. These projects cover a large, contiguous land package in an area with a history of gold production and established infrastructure.
Maple Gold Mines is advancing the Douay and Joutel properties through a joint venture with Agnico Eagle Mines Limited.
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