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

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 Price Performance

The company’s fifty day moving average is C$0.04 and its 200 day moving average is 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 stock has a market cap of C$10.05 million, a PE ratio of 4.00 and a beta of 0.34.

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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