Metallic Minerals (CVE:MMG) Shares Up 16.3% – What’s Next?

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

Metallic Minerals Stock Performance

The company has a current ratio of 11.09, a quick ratio of 7.37 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of C$49.11 million, a PE ratio of -7.00 and a beta of 1.28. The firm’s fifty day moving average is C$0.21 and its 200-day moving average is C$0.26.

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.