Metallic Minerals Corp. (CVE:MMG – Get Free Report)’s stock price dropped 18.6% on Tuesday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 175,399 shares were traded during mid-day trading, an increase of 139% from the average daily volume of 73,539 shares. The stock had previously closed at C$0.35.
Metallic Minerals Stock Down 1.7 %
The business has a 50-day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.32. The stock has a market capitalization of C$47.52 million, a P/E ratio of -7.13 and a beta of 1.28. The company has a quick ratio of 7.37, a current ratio of 5.11 and a debt-to-equity ratio of 0.53.
About Metallic Minerals
Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for silver, gold, and copper deposits. Its flagship project is the 100% owned Keno silver project covering an area of 171 square kilometers located in the Keno Hill silver district, Yukon Territory, Canada.
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