Precious Metals And Mng Unt (TSE:MMP.UN) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Precious Metals And Mng Unt (TSE:MMP.UN) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.86 and traded as low as C$1.74. Precious Metals And Mng Unt shares last traded at C$1.74, with a volume of 4,800 shares traded.

Precious Metals And Mng Unt Trading Up 0.6 %

The firm’s fifty day moving average price is C$1.86 and its 200-day moving average price is C$1.81. The company has a market cap of C$18.58 million, a P/E ratio of -6.00 and a beta of 1.28.

About Precious Metals And Mng Unt

Precious Metals and Mining Trust is a closed ended equity fund launched and managed by Sentry Investments Inc The fund invests in public equity markets of Canada. It invests in stocks of companies in Metals and Mining sector. The fund invests in value stocks of small capitalization companies. The fund employs fundamental analysis with top-down and bottom-up stock picking approach focusing on factors like use of computer based research incorporating and rating a number of factors including profitability, liquidity, operating and administrative costs, cash flow and management.