Multi-Metal Development (CVE:MLY) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) passed above its fifty day moving average during trading on Wednesday . 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 Price Performance

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 50-day moving average price of C$0.04 and a 200-day moving average price of C$0.04. 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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