Multi-Metal Development (CVE:MLY) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The firm has a market capitalization of C$10.05 million, a P/E 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.

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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