Millrock Resources (CVE:MRO) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Millrock Resources Inc. (CVE:MROGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.03 and traded as low as C$0.03. Millrock Resources shares last traded at C$0.04, with a volume of 635,000 shares changing hands.

Millrock Resources Stock Performance

The firm has a market capitalization of C$5.47 million, a price-to-earnings 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 stock’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.04.

About Millrock Resources

(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.

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