Shares of IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) traded down 23.3% during trading on Monday . The company traded as low as C$0.16 and last traded at C$0.17. 257,360 shares changed hands during trading, an increase of 400% from the average session volume of 51,462 shares. The stock had previously closed at C$0.22.
IBC Advanced Alloys Price Performance
The company has a 50 day moving average price of C$0.20 and a 200-day moving average price of C$0.14. The company has a market cap of C$18.88 million, a price-to-earnings ratio of -5.50 and a beta of 2.37. The company has a quick ratio of 0.18, a current ratio of 0.81 and a debt-to-equity ratio of 343.32.
About IBC Advanced Alloys
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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