Shares of Multi-Metal Development Ltd. (CVE:MLY – Get 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 trading hands.
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 0.49. 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 stock has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04.
About Multi-Metal Development
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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