Multi-Metal Development (CVE:MLY) Shares Cross Below 50-Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s stock price crossed 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 changing hands.

Multi-Metal Development Trading Up 14.3 %

The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06. The company has a market capitalization of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.24. The firm has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

About Multi-Metal Development

(Get Free Report)

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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