Metallic Minerals (CVE:MMG) Trading 1.8% Higher – Still a Buy?

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

Metallic Minerals Stock Up 1.8%

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

Metallic Minerals Company Profile

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.