NEW YORK (TheStreet) — Minefinders (AMEX:MFN) hit a new 52-week high Thursday as it is currently trading at $17.24, above its previous 52-week high of $17.04 with 381,521 shares traded as of 10:01 a.m. ET. Average volume has been 798,300 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 53.5% year to date as of the close of trading on Wednesday.
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 178.4, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.9.
