Metallic Minerals (CVE:MMG) Shares Up 7.7% – Should You Buy?

Metallic Minerals Corp. (CVE:MMGGet Free Report) shot up 7.7% during mid-day trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.14. 114,666 shares traded hands during trading, an increase of 20% from the average session volume of 95,343 shares. The stock had previously closed at C$0.13.

Metallic Minerals Stock Performance

The firm’s fifty day simple moving average is C$0.19 and its 200 day simple moving average is C$0.23. The company has a market capitalization of C$23.68 million, a PE ratio of -3.38 and a beta of 1.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 11.09 and a quick ratio of 7.37.

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.

Read More

Receive News & Ratings for Metallic Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metallic Minerals and related companies with MarketBeat.com's FREE daily email newsletter.