Multi-Metal Development (CVE:MLY) Shares Cross Above 50-Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

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 stock has a market cap of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The stock’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04.

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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