Multi-Metal Development (CVE:MLY) Stock Passes Above 50-Day Moving Average – Here’s Why

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Multi-Metal Development Stock Up 14.3 %

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 has a current ratio of 0.06, a quick ratio of 0.15 and a debt-to-equity ratio of 28.65. The business has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

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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