Cache Exploration (CVE:CAY) Reaches New 1-Year Low at $0.03

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Cache Exploration Inc. (CVE:CAY) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 125000 shares trading hands. The stock had previously closed at C$0.03.

The business’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a debt-to-equity ratio of 2.98, a quick ratio of 0.20 and a current ratio of 0.27. The stock has a market capitalization of $1.56 million and a P/E ratio of -1.79.

Cache Exploration Company Profile (CVE:CAY)

Cache Exploration Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. Its principal property is the Kiyuk Lake gold property that consists of 70 mineral claims covering an area of 590 square kilometers located in Nunavut. The company was incorporated in 2005 and is headquartered in Delta, Canada.

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