Metallic Minerals (CVE:MMG) Hits New 52-Week High – Still a Buy?

Metallic Minerals Corp. (CVE:MMGGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$0.45 and last traded at C$0.43, with a volume of 769063 shares traded. The stock had previously closed at C$0.44.

Metallic Minerals Stock Performance

The business’s 50-day moving average price is C$0.37 and its 200 day moving average price is C$0.32. The company has a market cap of C$91.37 million, a P/E ratio of -21.50 and a beta of -0.08.

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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