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

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) passed above its 50 day moving average during trading on Tuesday . 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 Stock Up 14.3 %

The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The firm has a market cap of C$10.05 million, a PE 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.

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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