Metalo Manufacturing (CNSX:MMI) Trading Down 29.4%

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Metalo Manufacturing Inc (CNSX:MMI)’s stock price dropped 29.4% during trading on Thursday . The stock traded as low as $0.12 and last traded at $0.12, approximately 8,000 shares were traded during trading. The stock had previously closed at $0.17.

The firm’s 50 day moving average price is $0.29.

About Metalo Manufacturing (CNSX:MMI)

Metalo Manufacturing Inc, through its subsidiary, engages in the exploration and development of mineral deposits. The company produces and sells pig iron for steel mills and foundries in North America. It also owns mining rights for a resource in Happy Valley-Goose Bay comprises 181 claims in 3 claim blocks with a total area of approximately 23 square kilometers situated in Newfoundland and Labrador.

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