Shares of MTB Metals Corp. (CVE:MTB – Get Free Report) rose 40% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 2,013,000 shares traded hands during mid-day trading, an increase of 1,078% from the average daily volume of 170,922 shares. The stock had previously closed at C$0.03.
MTB Metals Stock Performance
The stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.02. The firm has a market cap of C$4.50 million, a price-to-earnings ratio of -1.58 and a beta of 0.63.
About MTB Metals
MTB Metals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold, silver, lead, zinc, copper, and other deposits. The company was formerly known as Mountain Boy Minerals Ltd. and changed its name to MTB Metals Corp. in March 2023.
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