MacDonald Mines Exploration Ltd. (MCDMF) Research

MacDonald Mines Exploration Ltd. (MCDMF) is a Canadian entity focused on the acquisition, exploration, and development of mineral properties across the country. The company's efforts are directed towards identifying deposits of a variety of precious and base metals, including gold, silver, copper, cobalt, and nickel, as well as rare earth elements. A significant asset for MacDonald Mines is its 100% ownership of the Scadding-Powerline-Jovan property. This substantial land package, which covers 19,380 hectares, is strategically located in Northern Ontario, just east of Sudbury. The company was established in 1936, originally operating under the name MacDonald Mines Limited, and maintains its corporate headquarters in Toronto, Canada.

Market snapshot

Symbol
MCDMF
Price
$0.07
Day change
+7.91%
Market cap
$4.1M
P/E ratio
-3.86x
52-week range
0.015-0.0723
Sector
Basic Materials
Industry
Gold

Peer companies

  • Total Metals Corp. (BGADF)
  • Iconic Minerals Ltd. (BVTEF)
  • Quebec Precious Metals Corporation (CJCFF)
  • Gitennes Exploration Inc. (GILXF)
  • Guyana Goldstrike Inc. (GYNAF)
  • Mineral Mountain Resources Ltd. (MNRLF)
  • MAS Gold Corp. (MSGCF)
  • Newrange Gold Corp. (NRGOF)

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