IBC Advanced Alloys (CVE:IB) Stock Price Up 5% – Still a Buy?

IBC Advanced Alloys Corp. (CVE:IB)’s share price shot up 5% during trading on Tuesday . The company traded as high as C$0.22 and last traded at C$0.21. 13,500 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 60,992 shares. The stock had previously closed at C$0.20.

IBC Advanced Alloys Stock Down 14.3%

The stock’s 50-day moving average price is C$0.20 and its two-hundred day moving average price is C$0.12. The stock has a market capitalization of C$20.60 million, a PE ratio of -6.00 and a beta of 2.49. The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81.

IBC Advanced Alloys Company Profile

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.