What’s Propelling Metallic Minerals Corp to Decline So Much?

 What's Propelling Metallic Minerals Corp to Decline So Much?

The stock of Metallic Minerals Corp (CVE:MMG) is a huge mover today! About 24,000 shares traded hands or 110.95% up from the average. Metallic Minerals Corp (CVE:MMG) has risen 6.00% since October 19, 2016 and is uptrending. It has outperformed by 1.57% the S&P500.
The move comes after 8 months negative chart setup for the $16.38 million company. It was reported on Nov, 18 by Barchart.com. We have $0.42 PT which if reached, will make CVE:MMG worth $1.80M less.

More recent Metallic Minerals Corp (CVE:MMG) news were published by: Reuters.com which released: “BRIEF-Metallic Minerals Corp. appoints Tim Thiessen as CFO” on September 28, 2016. Also Marketwired.com published the news titled: “Metallic Minerals Corp. Closes C$1.125 Million Flow-Through Private Placement …” on November 01, 2016. Stockhouse.com‘s news article titled: “Monster Mining Changes Name to Metallic Minerals Corp.” with publication date: September 12, 2016 was also an interesting one.

Metallic Minerals Corp, formerly Monster Mining Corp, is a Canada mineral exploration company. The company has a market cap of $16.38 million. The Firm is focused on the exploration of silver and gold projects in Canada’s Yukon Territory. It currently has negative earnings. The Firm controls over 66 square kilometers in the Keno Hill Silver District, which produces over 200 million ounces of high-grade silver.

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