Multi-Metal Development (CVE:MLY) Share Price Passes Above 50 Day Moving Average – What’s Next?

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . 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 trading hands.

Multi-Metal Development Stock Up 14.3 %

The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06. The company’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market cap of C$10.05 million, a P/E ratio of 4.00 and a beta of 0.49.

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.

Read More

Receive News & Ratings for Multi-Metal Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Multi-Metal Development and related companies with MarketBeat.com's FREE daily email newsletter.