MEDUSA MINING LIMITED receives two new qualifications and slightly improves to Neutral
The independent financial analyst theScreener just changed two ratings for the qualification of MEDUSA MINING LIMITED (AU), active in the Gold Mining industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 4 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date October 24, 2017, the closing price was AUD 0.38 and its expected value was estimated at AUD 0.30.Medusa Mining is engaged in mineral exploration, evaluation, development and mining or production of gold in the Philippines. Co.'s exploration activities are conducted on, among others: the Co-O Gold Mine; the Tambis project comprising the Bananghilig (B1) Gold Deposit, the B2 Discovery Area, and the Guinhalinan Gold Prospect; the Lingig Copper Project; as well as the Saugon Gold Deposit.
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