Matador Mining (ASX:MZZ) Stock Price Down 5%

Shares of Matador Mining Ltd (ASX:MZZ) dropped 5% on Wednesday . The company traded as low as A$0.29 ($0.20) and last traded at A$0.29 ($0.20). Approximately 196,860 shares changed hands during trading, an increase of ∞ from the average daily volume of 0 shares. The stock had previously closed at A$0.30 ($0.21).

The stock has a market capitalization of $19.13 million and a price-to-earnings ratio of -3.03. The business has a 50-day moving average price of A$0.23.

About Matador Mining (ASX:MZZ)

Matador Mining Limited engages in the mining and mineral exploration activities. The company primarily explores for gold and copper deposits. It holds 80% interest in the Cape Ray gold project located in Newfoundland, Canada. The company was incorporated in 2016 and is based in Perth, Australia.

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