Multi-Metal Development (CVE:MLY) Stock Passes Below 50 Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.04 and traded as low 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 Performance

The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06. The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The firm has a market capitalization of C$10.05 million, a PE ratio of 4.00 and a beta of 0.34.

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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