iMetal Resources (CVE:IMR) Sets New 52-Week High at $0.51

Shares of iMetal Resources Inc. (CVE:IMR) hit a new 52-week high on Friday . The company traded as high as C$0.51 and last traded at C$0.36, with a volume of 4000 shares. The stock had previously closed at C$0.40.

iMetal Resources Stock Performance

The stock’s fifty day simple moving average is C$0.37 and its 200-day simple moving average is C$0.17. The company has a quick ratio of 7.79, a current ratio of 0.26 and a debt-to-equity ratio of 0.15. The company has a market capitalization of C$1.96 million, a PE ratio of -0.80 and a beta of 1.73.

About iMetal Resources

iMetal Resources Inc, a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Ontario and Quebec in Canada. The company explores for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.