Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 253850 shares trading hands. The stock had previously closed at C$0.11.
iMetal Resources Price Performance
The stock has a market capitalization of C$3.80 million, a price-to-earnings ratio of -0.58 and a beta of 0.80. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average of C$0.24 and a 200 day moving average of C$0.20.
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.
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