MC Mining (LON:MCM) Trading 3.1% Higher

MC Mining Limited (LON:MCMGet Free Report)’s share price rose 3.1% during mid-day trading on Thursday . The stock traded as high as GBX 8.25 ($0.10) and last traded at GBX 8.25 ($0.10). Approximately 3,067 shares were traded during trading, a decline of 97% from the average daily volume of 105,495 shares. The stock had previously closed at GBX 8 ($0.10).

MC Mining Trading Up 3.1 %

The company has a quick ratio of 0.12, a current ratio of 0.38 and a debt-to-equity ratio of 24.73. The firm has a 50 day moving average of GBX 7.65 and a 200 day moving average of GBX 7.45. The firm has a market cap of £33.65 million, a PE ratio of -412.50 and a beta of 0.95.

About MC Mining

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MC Mining Limited, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of coking and thermal coal projects in South Africa. The company's principal projects include the Uitkomst Colliery, a metallurgical and thermal coal project located in the KwaZulu Natal province; the Makhado hard coking and thermal coal project situated in the Soutpansberg coalfield in the Limpopo province; the Vele Colliery, a semi-soft coking and thermal coal mine located to the west of Musina in the Limpopo province; and Greater Soutpansberg Projects, including Chapudi, Generaal, and Mopane projects located in Limpopo province.

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