Metallic Minerals (CVE:MMG) Trading Down 1.5% - What's Next?

Key Points

• Metallic Minerals Corp. shares fell by 1.5% to C$0.34 on Monday, with trading volume down by 19%.
• The company has a market cap of C$70.92 million and a PE ratio of -16.75, indicating it is currently unprofitable.
• Metallic Minerals is focused on the exploration and development of mineral properties, primarily targeting silver, gold, and copper in Canada and the United States.

Metallic Minerals Corp. (CVE:MMG - )'s share price fell 1.5% on Monday . The stock traded as low as C$0.33 and last traded at C$0.34. 152,111 shares were traded during mid-day trading, a decline of 19% from the average session volume of 188,170 shares. The stock had previously closed at C$0.34.

Metallic Minerals Stock Performance

The company has a market cap of C$70.92 million, a PE ratio of -16.75 and a beta of -0.13. The company's 50-day simple moving average is C$0.31 and its 200 day simple moving average is C$0.27.

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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