Metallic Minerals (CVE:MMG) Trading 6% Higher – What’s Next?

Shares of Metallic Minerals Corp. (CVE:MMG) traded up 6% during mid-day trading on Wednesday . The company traded as high as C$0.27 and last traded at C$0.27. 294,017 shares changed hands during trading, a decline of 14% from the average session volume of 341,355 shares. The stock had previously closed at C$0.25.

Metallic Minerals Stock Performance

The stock has a fifty day simple moving average of C$0.29 and a 200-day simple moving average of C$0.34. The stock has a market cap of C$56.40 million, a P/E ratio of -13.25 and a beta of 1.31.

Metallic Minerals Company Profile

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.