Multi-Metal Development (CVE:MLY) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 changing hands.

Multi-Metal Development Trading 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 capitalization of C$10.05 million, a price-to-earnings ratio of 4.00 and a beta of 0.49. The business has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.

Multi-Metal Development Company Profile

(Get Free Report)

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.

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