Metallic Minerals (CVE:MMG) Shares Down 13.2% – Time to Sell?

Metallic Minerals Corp. (CVE:MMGGet Free Report)’s share price was down 13.2% during mid-day trading on Wednesday . The company traded as low as C$0.29 and last traded at C$0.33. Approximately 1,389,713 shares traded hands during mid-day trading, an increase of 616% from the average daily volume of 194,049 shares. The stock had previously closed at C$0.38.

Metallic Minerals Stock Down 11.8%

The company has a market capitalization of C$71.18 million, a price-to-earnings ratio of -16.75 and a beta of 0.16. The stock’s 50-day simple moving average is C$0.35 and its two-hundred day simple moving average is C$0.30.

About Metallic Minerals

(Get Free Report)

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. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp.

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