Metallic Minerals (CVE:MMG) Reaches New 52-Week Low – Here’s Why
by Danessa Lincoln · The Markets DailyMetallic Minerals Corp. (CVE:MMG – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.18 and last traded at C$0.19, with a volume of 267500 shares. The stock had previously closed at C$0.19.
Metallic Minerals Trading Down 1.1%
The stock has a market cap of C$40.15 million, a P/E ratio of -9.40 and a beta of 1.46. The stock has a 50 day simple moving average of C$0.26 and a 200 day simple moving average of C$0.32.
Metallic Minerals Company Profile
Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for silver, gold, and copper deposits. Its flagship project is the 100% owned Keno silver project covering an area of 171 square kilometers located in the Keno Hill silver district, Yukon Territory, Canada. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp.