Shares of Metallic Minerals Corp. (CVE:MMG – Get Free Report) dropped 15.8% on Wednesday . The stock traded as low as C$0.31 and last traded at C$0.32. Approximately 740,492 shares traded hands during trading, an increase of 290% from the average daily volume of 190,023 shares. The stock had previously closed at C$0.38.
Metallic Minerals Stock Down 18.4%
The company’s 50 day moving average is C$0.35 and its 200 day moving average is C$0.30. The firm has a market capitalization of C$65.87 million, a price-to-earnings ratio of -15.50 and a beta of 0.16.
Metallic Minerals Company Profile
Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for silver, gold, and copper deposits. Its flagship project is the 100% owned Keno silver project covering an area of 171 square kilometers located in the Keno Hill silver district, Yukon Territory, Canada. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp.
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