Multi-Metal Development (CVE:MLY) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

by · The Markets Daily

Multi-Metal Development Ltd. (CVE:MLY – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Multi-Metal Development Trading Up 14.3%

The company has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$10.05 million, a PE ratio of 4.00 and a beta of 0.49. The company has a debt-to-equity ratio of 28.65, a current ratio of 0.06 and a quick ratio of 0.15.

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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