Metallic Minerals (CVE:MMG) Trading Down 4.2% – What’s Next?

Metallic Minerals Corp. (CVE:MMGGet Free Report) shares fell 4.2% on Tuesday . The company traded as low as C$0.22 and last traded at C$0.23. 289,789 shares traded hands during trading, a decline of 30% from the average daily volume of 411,204 shares. The stock had previously closed at C$0.24.

Metallic Minerals Trading Down 4.2%

The company’s 50-day simple moving average is C$0.20 and its 200-day simple moving average is C$0.28. The stock has a market capitalization of C$49.12 million, a price-to-earnings ratio of -7.67 and a beta of 1.42.

Metallic Minerals Company Profile

(Get Free Report)

Metallic Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company explores for silver, gold, and copper deposits. Its flagship project is the 100% owned Keno silver project covering an area of 171 square kilometers located in the Keno Hill silver district, Yukon Territory, Canada. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp.

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