Multi-Metal Development (CVE:MLY) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.04 and traded as low as C$0.04. Multi-Metal Development shares last traded at C$0.04, with a volume of 139,000 shares changing hands.

Multi-Metal Development Stock Up 14.3 %

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

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.

See Also

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