A.I.S. Resources (CVE:AIS) Shares Down 23.1% – Here’s Why

A.I.S. Resources Limited (CVE:AISGet Free Report) shares dropped 23.1% during mid-day trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 379,500 shares traded hands during mid-day trading, an increase of 293% from the average daily volume of 96,687 shares. The stock had previously closed at C$0.07.

A.I.S. Resources Price Performance

The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The company has a debt-to-equity ratio of 150.53, a quick ratio of 0.38 and a current ratio of 0.02. The firm has a market capitalization of C$2.08 million, a price-to-earnings ratio of -2.17 and a beta of -0.26.

About A.I.S. Resources

(Get Free Report)

A.I.S. Resources Limited engages in acquiring, exploring, developing, and exploiting natural resource properties. It primarily explores for lithium and gold deposits. The company also purchases and sells EV battery materials. A.I.S. Resources Limited was founded in 1967 and is headquartered in Vancouver, Canada.

Further Reading

Receive News & Ratings for A.I.S. Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A.I.S. Resources and related companies with MarketBeat.com's FREE daily email newsletter.