Metallic Minerals (CVE:MMG) Stock Price Down 15.8% – Should You Sell?

Metallic Minerals Corp. (CVE:MMG) shares fell 15.8% during trading on Wednesday . The company traded as low as C$0.31 and last traded at C$0.32. 579,742 shares were traded during mid-day trading, an increase of 205% from the average session volume of 190,023 shares. The stock had previously closed at C$0.38.

Metallic Minerals Stock Down 18.4%

The stock has a market capitalization of C$65.87 million, a price-to-earnings ratio of -15.50 and a beta of 0.16. The company’s fifty day simple moving average is C$0.35 and its 200 day simple moving average is C$0.30.

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.