Multi-Metal Development (CVE:MLY) Shares Pass Below 200-Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.

Multi-Metal Development Trading Up 14.3 %

The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06. The firm has a market capitalization of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The business has a fifty day moving average price of C$0.04 and a 200 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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