Multi-Metal Development (CVE:MLY) Stock Crosses Above Fifty Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.04 and traded as high as C$0.04. Multi-Metal Development shares last traded at C$0.04, with a volume of 139,000 shares traded.

Multi-Metal Development Stock Performance

The company has a debt-to-equity ratio of 28.65, a current ratio of 0.06 and a quick ratio of 0.15. The company has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$10.05 million, a PE ratio of 4.00 and a beta of 0.37.

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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