Metallic Minerals (CVE:MMG) Hits New 52-Week Low – What’s Next?

Shares of Metallic Minerals Corp. (CVE:MMGGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.13 and last traded at C$0.14, with a volume of 255500 shares traded. The stock had previously closed at C$0.14.

Metallic Minerals Price Performance

The firm’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.22. 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 company has a market capitalization of C$23.68 million, a price-to-earnings ratio of -3.38 and a beta of 1.28.

About Metallic Minerals

(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.

Further Reading

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