Multi-Metal Development (CVE:MLY) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) passed above its 50-day moving average during trading on Wednesday . 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.

Multi-Metal Development Price Performance

The company has a market cap of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The company’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The company has a debt-to-equity ratio of 28.65, a current ratio of 0.06 and a quick ratio of 0.15.

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.

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