Metallic Minerals (CVE:MMG) Shares Down 15.8% – Here’s Why

by · The Cerbat Gem

Shares of Metallic Minerals Corp. (CVE:MMG – Get Free Report) were down 15.8% during mid-day trading on Wednesday . The stock traded as low as C$0.31 and last traded at C$0.32. Approximately 740,492 shares traded hands during mid-day trading, an increase of 290% from the average daily volume of 190,023 shares. The stock had previously closed at C$0.38.

Metallic Minerals Trading Down 18.4%

The stock has a market cap of C$65.87 million, a P/E ratio of -15.50 and a beta of 0.16. The stock has a 50 day simple moving average of C$0.35 and a 200 day simple moving average of C$0.30.

About Metallic Minerals

(Get Free Report)

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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