Metallic Minerals (CVE:MMG) Shares Down 9.5% – Here’s What Happened

Metallic Minerals Corp. (CVE:MMG) shares traded down 9.5% during trading on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.29. 419,584 shares traded hands during trading, an increase of 28% from the average session volume of 327,385 shares. The stock had previously closed at C$0.32.

Metallic Minerals Stock Up 2.0%

The company’s fifty day moving average price is C$0.29 and its 200 day moving average price is C$0.34. The company has a market capitalization of C$54.27 million, a P/E ratio of -12.75 and a beta of 1.31.

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.