NEW YORK (TheStreet) — Minefinders (AMEX:MFN) hit a new 52-week high Wednesday as it is currently trading at $16.11, above its previous 52-week high of $15.91 with 35,696 shares traded as of 9:31 a.m. ET. Average volume has been 770,500 shares over the past 30 days.
Minefinders has a market cap of $1.3 billion and is part of the basic materials sector and metals & mining industry. Shares are up 43.2% year to date as of the close of trading on Tuesday.
Minefinders Corporation Ltd. engages in the exploration, development, and mining of precious and base metal properties in Mexico and the United States. The company has a P/E ratio of 174.6, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.3.
