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

Multi-Metal Development Ltd. (CVE:MLY)’s stock price passed below its fifty day moving average during trading on Tuesday . 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 changing hands.

Multi-Metal Development Stock Up 14.3 %

The firm has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of 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. The company has a market capitalization of C$10.05 million, a PE ratio of 4.00 and a beta of 0.37.

Multi-Metal Development Company Profile

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.