Stelmine Canada (CVE:STH) Sets New 1-Year Low – Here’s Why

Stelmine Canada Ltd. (CVE:STH) shares hit a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 83000 shares. The stock had previously closed at C$0.02.

Stelmine Canada Price Performance

The stock’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.02. The company has a current ratio of 0.90, a quick ratio of 2.10 and a debt-to-equity ratio of 0.82. The company has a market capitalization of C$1.53 million, a P/E ratio of -1.50 and a beta of 1.41.

About Stelmine Canada

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.