Stelmine Canada (CVE:STH) Hits New 52-Week Low – Here’s Why

Stelmine Canada Ltd. (CVE:STHGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 18148 shares changing hands. The stock had previously closed at C$0.02.

Stelmine Canada Price Performance

The company has a debt-to-equity ratio of 0.82, a current ratio of 0.90 and a quick ratio of 2.10. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The company has a market capitalization of C$1.53 million, a price-to-earnings ratio of -1.50 and a beta of 1.41.

About Stelmine Canada

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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.

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