Multi-Metal Development (CVE:MLY) Share Price Passes Above 50-Day Moving Average of $0.02

Multi-Metal Development Ltd. (CVE:MLYGet Rating)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.02 and traded as high as C$0.02. Multi-Metal Development shares last traded at C$0.02, with a volume of 60,000 shares trading hands.

Multi-Metal Development Stock Up 33.3 %

The company has a market capitalization of C$5.03 million and a P/E ratio of -1.82. The company has a debt-to-equity ratio of 77.66, a quick ratio of 0.05 and a current ratio of 0.12. The stock has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.03.

Multi-Metal Development Company Profile

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Multi-Metal Development Ltd., a mineral exploration and development company, engages in 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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