Shares of Multi-Metal Development Ltd. (CVE:MLY – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.04 and traded as high as C$0.04. Multi-Metal Development shares last traded at C$0.04, with a volume of 139,000 shares trading hands.
Multi-Metal Development Stock Up 14.3%
The company has a debt-to-equity ratio of 28.65, a quick ratio of 0.15 and a current ratio of 0.06. The stock has a market cap of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The business’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04.
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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