Multi-Metal Development Ltd. (CVE:MLY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.04 and traded as low 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 has a market cap of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. 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 firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04.
About Multi-Metal Development
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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