Metallic Minerals (CVE:MMG) Sets New 52-Week High - Should You Buy?

Key Points

• Metallic Minerals Corp. shares reached a new 52-week high of C$0.42, with the last traded price at C$0.39 and a trading volume of 951,594 shares.
• The company has a market capitalization of C$84.68 million, a P/E ratio of -20.00, and a beta of -0.52, indicating high volatility compared to the market.
• Metallic Minerals focuses on the acquisition, exploration, and development of mineral properties, with its flagship project being the Keno silver project in Yukon Territory, Canada.

Metallic Minerals Corp. (CVE:MMG - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.42 and last traded at C$0.39, with a volume of 951594 shares traded. The stock had previously closed at C$0.37.

Metallic Minerals Stock Performance

The firm has a market cap of C$82.57 million, a price-to-earnings ratio of -19.50 and a beta of -0.52. The stock's 50 day simple moving average is C$0.25 and its 200-day simple moving average is C$0.25.

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.