iMetal Resources (CVE:IMR) Trading Down 26.5% – Time to Sell?

iMetal Resources Inc. (CVE:IMRGet Free Report)’s share price fell 26.5% during mid-day trading on Saturday . The stock traded as low as C$0.13 and last traded at C$0.13. 1,764,550 shares were traded during mid-day trading, an increase of 3,585% from the average session volume of 47,885 shares. The stock had previously closed at C$0.17.

iMetal Resources Stock Performance

The firm has a market capitalization of C$4.52 million, a price-to-earnings ratio of -0.69 and a beta of 0.80. The firm’s 50-day moving average price is C$0.25 and its two-hundred day moving average price is C$0.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.79 and a current ratio of 0.13.

iMetal Resources Company Profile

(Get Free Report)

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

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.