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Metallic Minerals (CVE:MMG) Hits New 52-Week High - Time to Buy?

Metallic Minerals logo with Basic Materials background

Key Points

  • Metallic Minerals Corp. shares reached a new 52-week high of C$0.32 during trading, closing at C$0.31, reflecting a 14.8% increase.
  • The company, with a market capitalization of C$55.46 million, focuses on the acquisition and exploration of mineral properties in Canada and the U.S., primarily targeting silver, gold, and copper deposits.
  • Metallic Minerals' flagship project is the Keno silver project, which spans 171 square kilometers in the Keno Hill silver district of Yukon Territory.
  • Five stocks to consider instead of Metallic Minerals.

Metallic Minerals Corp. (CVE:MMG - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.32 and last traded at C$0.31, with a volume of 939258 shares trading hands. The stock had previously closed at C$0.27.

Metallic Minerals Trading Up 14.8%

The business has a 50 day moving average of C$0.23 and a 200-day moving average of C$0.23. The firm has a market capitalization of C$55.46 million, a P/E ratio of -15.50 and a beta of -0.55.

Metallic Minerals Company Profile

(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.

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