MTB Metals (CVE:MTB) Stock Price Up 100% – Time to Buy?

MTB Metals Corp. (CVE:MTB)’s share price shot up 100% on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 517,200 shares changed hands during trading, an increase of 214% from the average session volume of 164,471 shares. The stock had previously closed at C$0.01.

MTB Metals Price Performance

The firm has a market cap of C$2.51 million, a P/E ratio of -0.67 and a beta of 0.63. The stock’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

MTB Metals Company Profile

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.