Metallic Minerals (CVE:MMG) Stock Price Up 16.3% – What’s Next?

Metallic Minerals Corp. (CVE:MMG)’s share price traded up 16.3% during mid-day trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25. 124,581 shares traded hands during trading, an increase of 57% from the average session volume of 79,104 shares. The stock had previously closed at C$0.22.

Metallic Minerals Price Performance

The company’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.26. The company has a market cap of C$49.11 million, a PE ratio of -7.00 and a beta of 1.28. The company has a debt-to-equity ratio of 0.53, a quick ratio of 7.37 and a current ratio of 11.09.

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.