Multi-Metal Development (CVE:MLY) Shares Cross Above 50 Day Moving Average – What’s Next?

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s stock price 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 changing hands.

Multi-Metal Development Trading Up 14.3 %

The firm has a market cap of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The business has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a quick ratio of 0.15, a current ratio of 0.06 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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