MacDonald Mines Exploration Ltd. (MCDMF)
MacDonald Mines Exploration Ltd. operates in the Gold industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.07, up 7.91% on the session, giving a market capitalisation of $3.7M. On trailing twelve-month figures it carries a trailing P/E of -3.86, a net margin of 0.0%. Its beta of -0.21 implies it has historically moved less than the broad market.
MacDonald Mines Exploration Ltd. (MCDMF) is a Canadian entity focused on the acquisition, exploration, and development of mineral properties across the country. The company's efforts are directed towards identifying deposits of a variety of precious and base metals, including gold, silver, copper, cobalt, and nickel, as well as rare earth elements. A significant asset for MacDonald Mines is its 100% ownership of the Scadding-Powerline-Jovan property. This substantial land package, which covers 19,380 hectares, is strategically located in Northern Ontario, just east of Sudbury. The company was established in 1936, originally operating under the name MacDonald Mines Limited, and maintains its corporate headquarters in Toronto, Canada.
MacDonald Mines Exploration Ltd. is most often compared with the following Basic Materials names: