IBC Advanced Alloys (CVE:IB) Trading Down 23.3% – Time to Sell?

Shares of IBC Advanced Alloys Corp. (CVE:IBGet Free Report) traded down 23.3% on Tuesday . The company traded as low as C$0.16 and last traded at C$0.17. 257,360 shares were traded 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 Stock Down 7.0%

The company has a debt-to-equity ratio of 343.32, a current ratio of 0.81 and a quick ratio of 0.18. The stock has a market capitalization of C$22.89 million, a price-to-earnings ratio of -6.67 and a beta of 2.37. The firm’s fifty day moving average is C$0.20 and its 200-day moving average is C$0.14.

About IBC Advanced Alloys

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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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