Multi-Metal Development (CVE:MLY) Shares Cross Below 50-Day Moving Average – Time to Sell?

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

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

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.

Further Reading

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.