Multi-Metal Development (CVE:MLY) Shares Cross Above Fifty Day Moving Average – What’s Next?

by · The Cerbat Gem

Shares of Multi-Metal Development Ltd. (CVE:MLY – Get Free Report) passed above its fifty day moving average during trading on Thursday . 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.

Multi-Metal Development Trading Up 14.3 %

The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a current ratio of 0.06, a quick ratio of 0.15 and a debt-to-equity ratio of 28.65. The company has a market capitalization of C$10.05 million, a PE ratio of 4.00 and a beta of 0.49.

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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