Clean Air Metals (CVE:AIR) Shares Down 16.7% – Should You Sell?

Shares of Clean Air Metals Inc. (CVE:AIRGet Free Report) fell 16.7% on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 405,000 shares were traded during trading, an increase of 4% from the average session volume of 390,974 shares. The stock had previously closed at C$0.06.

Clean Air Metals Trading Down 8.3%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 1.23. The firm has a market capitalization of C$13.78 million, a price-to-earnings ratio of -9.00 and a beta of 3.53. The company has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.08.

Clean Air Metals Company Profile

(Get Free Report)

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.

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