IBC Advanced Alloys (CVE:IB) Shares Down 7.1% – Time to Sell?

IBC Advanced Alloys Corp. (CVE:IBGet Free Report)’s stock price was down 7.1% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 171,166 shares were traded during trading, an increase of 214% from the average daily volume of 54,475 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Trading Down 21.4 %

The stock has a market cap of C$6.24 million, a PE ratio of -2.17 and a beta of 1.14. The stock’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.07. The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 371.47.

About IBC Advanced Alloys

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IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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