Metallic Minerals (CVE:MMG) Shares Down 2.6% – Here’s Why

Metallic Minerals Corp. (CVE:MMGGet Free Report) shares dropped 2.6% during trading on Tuesday . The company traded as low as C$0.18 and last traded at C$0.19. 133,808 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 411,758 shares. The stock had previously closed at C$0.20.

Metallic Minerals Stock Down 2.6%

The company has a 50 day moving average of C$0.23 and a two-hundred day moving average of C$0.30. The firm has a market cap of C$40.58 million, a P/E ratio of -6.33 and a beta of 1.46.

About Metallic Minerals

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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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