Metallic Minerals (CVE:MMG) Shares Up 16.3% – Here’s What Happened

Metallic Minerals Corp. (CVE:MMGGet Free Report)’s share price shot up 16.3% on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 124,581 shares were traded during trading, an increase of 57% from the average session volume of 79,104 shares. The stock had previously closed at C$0.22.

Metallic Minerals Stock Performance

The firm has a market capitalization of C$52.62 million, a price-to-earnings ratio of -6.63 and a beta of 1.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 11.09 and a quick ratio of 7.37. The firm has a 50 day moving average price of C$0.21 and a 200-day moving average price of C$0.26.

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.

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