Metallic Minerals (CVE:MMG) Trading Down 7% – What’s Next?

Shares of Metallic Minerals Corp. (CVE:MMGGet Free Report) were down 7% on Wednesday . The company traded as low as C$0.40 and last traded at C$0.40. Approximately 6,601 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 186,728 shares. The stock had previously closed at C$0.43.

Metallic Minerals Price Performance

The firm has a 50-day simple moving average of C$0.34 and a 200-day simple moving average of C$0.30. The firm has a market capitalization of C$87.12 million, a PE ratio of -20.50 and a beta of 0.16.

About Metallic Minerals

(Get Free Report)

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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