iMetal Resources Inc. (CVE:IMR – Get Free Report)’s stock price shot up 26.1% during trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.15. 738,983 shares were traded during mid-day trading, an increase of 1,059% from the average session volume of 63,733 shares. The stock had previously closed at C$0.12.
iMetal Resources Trading Up 26.1%
The firm has a market cap of C$5.24 million, a price-to-earnings ratio of -0.81 and a beta of 0.16. 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 price of C$0.16 and a 200 day moving average price of C$0.19.
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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