Multi-Metal Development (CVE:MLY) Shares Pass Below 50 Day Moving Average – Should You Sell?

Multi-Metal Development Ltd. (CVE:MLYGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 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 traded.

Multi-Metal Development Trading Up 14.3 %

The company has a quick ratio of 0.15, a current ratio of 0.06 and a debt-to-equity ratio of 28.65. The firm has a market cap of C$10.05 million, a P/E ratio of 4.00 and a beta of 0.49. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is 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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