IBC Advanced Alloys (CVE:IB) Sets New 12-Month Low at $0.16
IBC Advanced Alloys Corp (CVE:IB)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.16 and last traded at C$0.17, with a volume of 21236 shares changing hands. The stock had previously closed at C$0.18.
The business’s 50-day simple moving average is C$0.20. The company has a market capitalization of $6.99 million and a price-to-earnings ratio of -2.58. The company has a quick ratio of 0.35, a current ratio of 0.99 and a debt-to-equity ratio of 111.30.
IBC Advanced Alloys (CVE:IB) last released its earnings results on Wednesday, May 29th. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$6.92 million for the quarter. As a group, analysts expect that IBC Advanced Alloys Corp will post -0.04 EPS for the current year.
About IBC Advanced Alloys (CVE:IB)
IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in North America, Europe, and Asia. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, including beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, bars, and rings, as well as specialty copper alloy forgings for industrial welding, oil and gas, plastic mold, metal melting, marine defense, electronic, and industrial equipment markets.
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