Buy, Sell or Hold: Moneta Porcupine Mines (ME-T)

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Moneta Porcupine Mines (ME-T)

0.63

+0.01 (1.61%)

as of Feb 8, 2024, 8:54:17 pm Market Open.

3 watching

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COMMENT

A very large, low grade deposit. It has a little over 1 million ounces M&I, and probably 3 in inferred resources. A real, sketchy sort of deposit in that the mineralization is spotty. If you were to try to mine this as an open pit, your waste to ore ratio would be extremely high, especially given that it is such a low-grade deposit.

BUY

Excellent property in the Timmins area. Deposit is growing. Just raised about $30 million. Feels it is primed to be a mine in 2-3 years time. Has outperformed some of the Junior gold shares out there. Could see it going to $.40 easily.

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Moneta Porcupine Mines(ME-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Moneta Porcupine Mines is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Moneta Porcupine Mines(ME-T) Frequently Asked Questions

What is Moneta Porcupine Mines stock symbol?

Moneta Porcupine Mines is a Canadian stock, trading under the symbol ME-T on the Toronto Stock Exchange (ME-CT). It is usually referred to as TSX:ME or ME-T

Is Moneta Porcupine Mines a buy or a sell?

In the last year, there was no coverage of Moneta Porcupine Mines published on Stockchase.

Is Moneta Porcupine Mines a good investment or a top pick?

Moneta Porcupine Mines was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Moneta Porcupine Mines.

Why is Moneta Porcupine Mines stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Moneta Porcupine Mines worth watching?

In the last year, there was no coverage of Moneta Porcupine Mines published on Stockchase.

What is Moneta Porcupine Mines stock price?

On 2024-02-08, Moneta Porcupine Mines (ME-T) stock closed at a price of $0.63.

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