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Metallic Minerals (CVE:MMG) Stock Price Up 16.3% - Still a Buy?

Metallic Minerals logo with Basic Materials background

Metallic Minerals Corp. (CVE:MMG - Get Free Report)'s share price rose 16.3% during trading on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 124,581 shares changed hands during mid-day trading, an increase of 57% from the average daily volume of 79,104 shares. The stock had previously closed at C$0.22.

Metallic Minerals Price Performance

The stock has a market capitalization of C$52.62 million, a price-to-earnings ratio of -7.50 and a beta of 1.28. The company has a 50 day moving average of C$0.21 and a 200 day moving average of C$0.26. The company has a quick ratio of 7.37, a current ratio of 11.09 and a debt-to-equity ratio of 0.53.

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.

Further Reading

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