Multi-Metal Development (CVE:MLY) Stock Price Crosses Above 50-Day Moving Average of $0.04

Shares of Multi-Metal Development Ltd. (CVE:MLYGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 firm has a market cap of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.34. The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a debt-to-equity ratio of 28.65, a current ratio of 0.06 and a quick ratio of 0.15.

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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