iMetal Resources Inc. (CVE:IMR – Get Free Report)’s share price dropped 26.5% on Friday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 1,764,550 shares traded hands during mid-day trading, an increase of 3,585% from the average daily volume of 47,885 shares. The stock had previously closed at C$0.17.
iMetal Resources Stock Down 26.5%
The company has a debt-to-equity ratio of 0.15, a current ratio of 0.13 and a quick ratio of 7.79. The business has a 50 day simple moving average of C$0.25 and a 200 day simple moving average of C$0.20. The company has a market capitalization of C$4.52 million, a price-to-earnings ratio of -0.69 and a beta of 0.80.
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.
Read More
- Five stocks we like better than iMetal Resources
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Are These 3 Oversold Tech Giants Ready to Rebound?
- Quiet Period Expirations Explained
- If You Wait for the Dip, Micron Technology Could Leave You Behind
- A Deeper Look at Bid-Ask Spreads
- 3 Stocks Quietly Powering the AI and Tech Revolution
Receive News & Ratings for iMetal Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMetal Resources and related companies with MarketBeat.com's FREE daily email newsletter.
