Multi-Metal Development (CVE:MLY) Stock Price Down 12.5%

Multi-Metal Development Ltd. (CVE:MLYGet Rating) was down 12.5% during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 506,800 shares changed hands during trading, a decline of 7% from the average daily volume of 542,581 shares. The stock had previously closed at C$0.04.

Multi-Metal Development Price Performance

The stock has a market capitalization of C$10.05 million, a PE ratio of -2.73 and a beta of 0.13. The company has a debt-to-equity ratio of 81.57, a current ratio of 0.21 and a quick ratio of 0.15. The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02.

About Multi-Metal Development

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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

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