Precious Metals And Mng Unt (TSE:MMP.UN) Trading Up 0.5% – What’s Next?

Precious Metals And Mng Unt (TSE:MMP.UN) shares rose 0.5% during mid-day trading on Monday . The stock traded as high as C$1.86 and last traded at C$1.84. Approximately 8,840 shares changed hands during trading, an increase of 75% from the average daily volume of 5,043 shares. The stock had previously closed at C$1.83.

Precious Metals And Mng Unt Stock Performance

The firm has a fifty day simple moving average of C$1.85 and a 200 day simple moving average of C$1.82. The company has a market cap of C$19.44 million, a PE ratio of -6.28 and a beta of 1.28.

About Precious Metals And Mng Unt

Precious Metals and Mining Trust is a closed ended equity fund launched and managed by Sentry Investments Inc The fund invests in public equity markets of Canada. It invests in stocks of companies in Metals and Mining sector. The fund invests in value stocks of small capitalization companies. The fund employs fundamental analysis with top-down and bottom-up stock picking approach focusing on factors like use of computer based research incorporating and rating a number of factors including profitability, liquidity, operating and administrative costs, cash flow and management.