iMetal Resources Inc. (CVE:IMR – Get Free Report) shares were down 20% during trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 1,403,061 shares changed hands during mid-day trading, an increase of 2,373% from the average daily volume of 56,743 shares. The stock had previously closed at C$0.13.
iMetal Resources Price Performance
The stock has a market cap of C$3.80 million, a PE ratio of -0.58 and a beta of 0.80. The business has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.20. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15.
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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