Peel Mining (ASX:PEX) Stock Price Down 3.4%

Peel Mining Ltd (ASX:PEX) shares fell 3.4% during mid-day trading on Friday . The company traded as low as A$0.28 ($0.20) and last traded at A$0.28 ($0.20), 62,743 shares changed hands during trading. A decline of 27% from the average session volume of 86,492 shares. The stock had previously closed at A$0.29 ($0.21).

The stock’s 50-day moving average is A$0.30 and its 200-day moving average is A$0.38. The stock has a market cap of $61.63 million and a price-to-earnings ratio of -23.33.

Peel Mining Company Profile (ASX:PEX)

Peel Mining Limited explores for and develops precious, base, and specialty metal resources in New South Wales and Western Australia, Australia. It explores for copper, zinc, lead, silver, gold, and tungsten deposits. The company's principal projects include the Mallee Bull copper project comprising an area of 80 square kilometers located in the central New South Wales; the Cobar Superbasin project that comprise 23 exploration licenses and applications covering an area of approximately 2,800 square kilometers located in the Cobar Basin of New South Wales; and the Wagga Tank project, which include four tenements located in the Cobar Basin of New South Wales.

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