Multi-Metal Development (CVE:MLY) Stock Passes Above Fifty Day Moving Average – Here’s Why

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . 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 company has a market cap of C$10.05 million, a PE ratio of 4.00 and a beta of 0.49. The business has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The company has a quick ratio of 0.15, a current ratio of 0.06 and a debt-to-equity ratio of 28.65.

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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