Metallic Minerals (CVE:MMG) Stock Price Down 13.2% – Time to Sell?
by Amy Steele · The Cerbat GemMetallic Minerals Corp. (CVE:MMG – Get Free Report)’s stock price dropped 13.2% on Wednesday . The company traded as low as C$0.29 and last traded at C$0.33. Approximately 1,389,713 shares changed hands during mid-day trading, an increase of 616% from the average daily volume of 194,049 shares. The stock had previously closed at C$0.38.
Metallic Minerals Trading Down 13.2%
The stock has a fifty day moving average price of C$0.35 and a 200 day moving average price of C$0.30. The firm has a market cap of C$70.12 million, a price-to-earnings ratio of -16.50 and a beta of 0.16.
About Metallic Minerals
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.
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