Shares of Metallic Minerals Corp. (CVE:MMG – Get Free Report) shot up 10.5% during trading on Friday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 971,500 shares changed hands during mid-day trading, an increase of 157% from the average session volume of 378,148 shares. The stock had previously closed at C$0.19.
Metallic Minerals Price Performance
The firm has a market cap of C$42.99 million, a P/E ratio of -10.10 and a beta of 1.22. The company’s 50-day moving average is C$0.27 and its two-hundred day moving average is C$0.33.
About Metallic Minerals
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. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp.
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