Shares of Multi-Metal Development Ltd. (CVE:MLY – Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.04 and traded as low as C$0.04. Multi-Metal Development shares last traded at C$0.04, with a volume of 139,000 shares.
Multi-Metal Development Stock Up 14.3 %
The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04. The company has a quick ratio of 0.15, a current ratio of 0.06 and a debt-to-equity ratio of 28.65. The company has a market cap of C$10.05 million, a P/E ratio of 4.00 and a beta of 0.34.
About Multi-Metal Development
Multi-Metal Development Ltd., a mineral exploration and development company, focuses on identifying, acquiring, and developing natural resource opportunities in the United States, Austria, and Canada. The company explores for molybdenum, copper, silver, tungsten, zinc, germanium, lead, fluorite, cadmium, and rhenium deposits.
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