iMetal Resources Inc (CVE:IMR) shares rose 14.3% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 178,000 shares were traded during trading, a decline of 73% from the average daily volume of 664,617 shares. The stock had previously closed at C$0.07.

The firm has a market capitalization of $7.62 million and a PE ratio of -6.82. The company has a debt-to-equity ratio of 0.45, a current ratio of 10.27 and a quick ratio of 7.42.

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About iMetal Resources (CVE:IMR)

iMetal Resources Inc explores for and develops mineral properties in Canada. The company primarily explores for precious and base metal resources. It owns the Gowganda West Project covering an area of 105 squares kilometers situated in Ontario; various claims in the Temagami North Property situated in north-eastern Ontario; Carheil property that covers an area of approximately 5,400 acres located in Quebec.

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