Metallic Minerals (CVE:MMG) Trading Up 1.8% - Here's Why

Key Points

• Shares rose 1.8%, trading as high as C$0.30 and last at C$0.29 on volume of 292,858 shares, about 32% below the average session volume.
• The company has a market cap of C$61.62 million, a negative P/E of -14.50, a beta of 0.77, and 50-/200-day moving averages of C$0.38 and C$0.36 respectively.
• Metallic Minerals explores for silver, gold and copper, with its flagship 100%‑owned Keno silver project covering 171 sq km in the Keno Hill district of Yukon, Canada.

Metallic Minerals Corp. (CVE:MMG - )'s stock price traded up 1.8% on Monday . The company traded as high as C$0.30 and last traded at C$0.29. 292,858 shares changed hands during trading, a decline of 32% from the average session volume of 430,789 shares. The stock had previously closed at C$0.29.

Metallic Minerals Stock Up 1.8%

The company's 50-day moving average price is C$0.38 and its 200-day moving average price is C$0.36. The firm has a market cap of C$61.62 million, a price-to-earnings ratio of -14.50 and a beta of 0.77.

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. The company was formerly known as Monster Mining Corp. and changed its name to Metallic Minerals Corp. in September 2016. Metallic Minerals Corp.

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