Multi-Metal Development (CVE:MLY) Shares Pass Above Fifty Day Moving Average – Here’s Why

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.04 and traded as high as C$0.04. Multi-Metal Development shares last traded at C$0.04, with a volume of 139,000 shares trading hands.

Multi-Metal Development Price Performance

The firm has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market cap of C$10.05 million, a P/E ratio of 4.00 and a beta of 0.49. The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06.

Multi-Metal Development Company Profile

(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.

Further Reading

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