MTB Metals (CVE:MTB) Trading Down 25% – Here’s Why

Shares of MTB Metals Corp. (CVE:MTBGet Free Report) dropped 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 439,000 shares changed hands during trading, an increase of 29% from the average daily volume of 341,243 shares. The stock had previously closed at C$0.02.

MTB Metals Price Performance

The stock has a market cap of C$1.88 million, a price-to-earnings ratio of -0.50 and a beta of 0.63. The company’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

About MTB Metals

(Get Free Report)

MTB Metals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold, silver, lead, zinc, copper, and other deposits. The company was formerly known as Mountain Boy Minerals Ltd. and changed its name to MTB Metals Corp. in March 2023.

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