MTB Metals (CVE:MTB) Stock Price Down 25% – Here’s Why

MTB Metals Corp. (CVE:MTB) shares were down 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 439,000 shares were traded during trading, an increase of 29% from the average daily volume of 341,243 shares. The stock had previously closed at C$0.02.

MTB Metals Trading Down 25.0 %

The stock’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market capitalization of C$1.88 million, a PE ratio of -0.50 and a beta of 0.63.

About MTB Metals

MTB Metals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold, silver, lead, zinc, copper, and other deposits. The company was formerly known as Mountain Boy Minerals Ltd. and changed its name to MTB Metals Corp. in March 2023.