Multi-Metal Development (CVE:MLY) Stock Passes Above 50 Day Moving Average of $0.04

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 Stock Performance

The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a market capitalization of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The company has a quick ratio of 0.15, a current ratio of 0.06 and a debt-to-equity ratio of 28.65.

About Multi-Metal Development

(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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