Multi-Metal Development (CVE:MLY) Stock Price Passes Above Fifty Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLY) shares crossed above its fifty day moving average during trading on Tuesday . 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 traded.

Multi-Metal Development Stock Up 14.3 %

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

Multi-Metal Development Company Profile

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.