Metallic Minerals (CVE:MMG) Stock Price Down 8.8% - Should You Sell?

Key Points

• Metallic Minerals Corp. shares fell by 8.8%, trading as low as C$0.36 after closing at C$0.40.
• The company has a market capitalization of C$79.39 million and a negative P/E ratio of -18.75.
• Metallic Minerals focuses on exploring and developing silver, gold, and copper properties, with its flagship project being the Keno silver project in Yukon Territory, Canada.

Metallic Minerals Corp. (CVE:MMG - ) shares traded down 8.8% during mid-day trading on Wednesday . The stock traded as low as C$0.36 and last traded at C$0.37. 145,273 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 175,538 shares. The stock had previously closed at C$0.40.

Metallic Minerals Trading Down 6.3%

The firm has a market cap of C$79.39 million, a P/E ratio of -18.75 and a beta of -0.52. The business has a 50-day moving average of C$0.27 and a two-hundred day moving average of 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.

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