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

Multi-Metal Development Ltd. (CVE:MLYGet Free Report)’s share price passed above its 50 day moving average during trading on Thursday . 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 changing hands.

Multi-Metal Development Stock Performance

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 firm has a market capitalization of C$10.05 million, a PE ratio of 4.00 and a beta of 0.49. The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average 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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