Stelmine Canada (CVE:STH) Shares Down 16.7%

Stelmine Canada Ltd. (CVE:STH)’s share price traded down 16.7% during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 137,900 shares were traded during trading, an increase of 40% from the average session volume of 98,256 shares. The stock had previously closed at C$0.03.

Stelmine Canada Price Performance

The business has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.10 and a current ratio of 0.90. The stock has a market cap of C$2.55 million, a PE ratio of -3.00 and a beta of 1.41.

Stelmine Canada Company Profile

Stelmine Canada Ltd. engages in the acquisition, exploration, production, development, and operation of mining properties in Canada. The company primarily explores for gold. It holds 100% interests in the Courcy project comprising 165 claims covering an area of 86 square kilometers located in Fermont, Quebec; Mercator project, which comprise 1095 claims that covers an area of 561 square kilometers located within the extension of the Opinaca metasedimentary basin in the Caniapiscau district; Joubert property comprising 103 claims that covers an area of 55 kilometers located in Quebec; Trieste property comprising 14 claims located in Quebec; and Ilnu property comprising 82 claims located in Quebec.