Metallic Minerals (CVE:MMG) Shares Down 6.7% – What’s Next?

Metallic Minerals Corp. (CVE:MMGGet Free Report)’s share price dropped 6.7% during trading on Wednesday . The company traded as low as C$0.28 and last traded at C$0.28. Approximately 97,694 shares changed hands during trading, an increase of 21% from the average daily volume of 80,637 shares. The stock had previously closed at C$0.30.

Metallic Minerals Stock Down 11.7 %

The stock has a market cap of C$46.48 million, a price-to-earnings ratio of -7.50 and a beta of 1.28. The company has a current ratio of 11.09, a quick ratio of 7.37 and a debt-to-equity ratio of 0.53. The firm’s 50 day moving average is C$0.21 and its two-hundred day moving average is C$0.26.

Metallic Minerals Company Profile

(Get Free Report)

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.

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