CMC Metals (CVE:CMB) Hits New 1-Year Low – Should You Sell?

CMC Metals Ltd. (CVE:CMBGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 538534 shares trading hands. The stock had previously closed at C$0.02.

CMC Metals Price Performance

The stock has a market cap of C$3.15 million, a PE ratio of -2.00 and a beta of 0.99. The company has a debt-to-equity ratio of 8.84, a current ratio of 2.50 and a quick ratio of 2.80. The business has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.03.

Insider Transactions at CMC Metals

In other CMC Metals news, Director Kevin John Brewer purchased 2,500,000 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average cost of C$0.03 per share, with a total value of C$62,500.00. Insiders own 5.86% of the company’s stock.

CMC Metals Company Profile

(Get Free Report)

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.

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