Metallic Minerals (CVE:MMG) Hits New 1-Year Low – Time to Sell?

Metallic Minerals Corp. (CVE:MMG)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.13 and last traded at C$0.14, with a volume of 32610 shares traded. The stock had previously closed at C$0.14.

Metallic Minerals Stock Performance

The company has a fifty day simple moving average of C$0.19 and a two-hundred day simple moving average of C$0.23. The company has a market capitalization of C$22.80 million, a P/E ratio of -3.25 and a beta of 1.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 11.09 and a quick ratio of 7.37.

Metallic Minerals Company Profile

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.