Red Moon Resources Inc. (CVE:RMK – Get Free Report) shot up 3.3% during trading on Thursday . The stock traded as high as C$0.99 and last traded at C$0.95. 265,538 shares changed hands during trading, a decline of 1% from the average session volume of 269,422 shares. The stock had previously closed at C$0.92.
Red Moon Resources Stock Performance
The firm’s 50 day simple moving average is C$0.95 and its 200 day simple moving average is C$0.95. The firm has a market capitalization of C$70.21 million and a price-to-earnings ratio of -36.54.
Red Moon Resources Company Profile
Red Moon Resources Inc, a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St.
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