CMC Metals Ltd. (CVE:CMB – Get Free Report)’s share price fell 12.5% on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 223,500 shares traded hands during trading, a decline of 26% from the average session volume of 300,789 shares. The stock had previously closed at C$0.04.
CMC Metals Trading Down 12.5 %
The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. The company has a quick ratio of 2.80, a current ratio of 2.05 and a debt-to-equity ratio of 8.98. The company has a market cap of C$5.19 million, a price-to-earnings ratio of -2.00 and a beta of 1.12.
About CMC Metals
CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.
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