Constantine Metal Resources (CVE:CEM) Stock Price Up 4.5% – Still a Buy?

by · The Cerbat Gem

Shares of Constantine Metal Resources Ltd. (CVE:CEM – Get Free Report) rose 4.5% on Thursday . The company traded as high as C$0.37 and last traded at C$0.35. Approximately 207,650 shares changed hands during trading, an increase of 199% from the average daily volume of 69,562 shares. The stock had previously closed at C$0.33.

Constantine Metal Resources Trading Up 4.5 %

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

About Constantine Metal Resources

(Get Free Report)

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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