Multi-Metal Development (CVE:MLY) Stock Passes Below 50 Day Moving Average of $0.02

Shares of Multi-Metal Development Ltd. (CVE:MLYGet Rating) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.02 and traded as low as C$0.02. Multi-Metal Development shares last traded at C$0.02, with a volume of 39,505 shares trading hands.

Multi-Metal Development Price Performance

The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 78.76. The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.04. The firm has a market capitalization of C$3.77 million and a price-to-earnings ratio of -1.36.

Multi-Metal Development Company Profile

(Get Rating)

Multi-Metal Development Ltd., a mineral exploration and development company, engages in 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.

Further Reading

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