Swick Mining Services (ASX:SWK) Stock Price Passes Above 50 Day Moving Average of $0.25

Swick Mining Services Ltd (ASX:SWK) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.25 and traded as high as $0.24. Swick Mining Services shares last traded at $0.24, with a volume of 10,000 shares trading hands.

The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 35.01. The stock’s 50-day moving average price is A$0.25 and its 200 day moving average price is A$0.22. The firm has a market cap of $55.55 million and a price-to-earnings ratio of 60.00.

About Swick Mining Services (ASX:SWK)

Swick Mining Services Limited, together with its subsidiaries, provides mineral drilling contract services to the mining industry in the Asia Pacific and internationally. The company offers services primarily in the areas of underground diamond drilling and surface reverse circulation drilling. It also carries out research and development activities in mineral analysis technologies.

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