Multi-Metal Development Ltd. (CVE:MLY – Get Free Report)’s share price passed 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.
Multi-Metal Development Stock Performance
The stock has a market cap of C$10.05 million, a PE ratio of 4.00 and a beta of 0.49. The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06.
About Multi-Metal Development
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. Its flagship project comprises the CuMo molybdenum project that consists of 105 unpatented mineral claims located in south-central Idaho, the United States. The company was formerly known as American CuMo Mining Corporation.
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