iMetal Resources Inc. (CVE:IMR – Get Free Report)’s share price was down 12.2% on Thursday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 1,148 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 4,123 shares. The stock had previously closed at C$0.25.
iMetal Resources Stock Performance
The company has a debt-to-equity ratio of 0.15, a current ratio of 0.13 and a quick ratio of 7.79. The firm has a market cap of C$1.18 million, a price-to-earnings ratio of -0.49 and a beta of 1.59. The company has a fifty day moving average price of C$0.21 and a two-hundred day moving average price of C$0.21.
About iMetal Resources
iMetal Resources Inc, a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Ontario and Quebec in Canada. The company explores for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.
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