Multi-Metal Development Ltd. (CVE:MLY – Get Free Report) passed below its 50 day moving average during trading on Thursday . 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 Stock Performance
The company has a current ratio of 0.06, a quick ratio of 0.15 and a debt-to-equity ratio of 28.65. The firm has a market capitalization of C$10.05 million, a PE ratio of 4.00 and a beta of 0.49. The stock’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.
About Multi-Metal Development
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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