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

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) shares passed above its 50 day moving average during trading on Friday . 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 trading hands.

Multi-Metal Development Trading Up 14.3 %

The company has a market capitalization of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The company has a debt-to-equity ratio of 28.65, a current ratio of 0.06 and a quick ratio of 0.15. The business’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.

About Multi-Metal Development

(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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