Clean Air Metals (CVE:AIR) Trading Down 9.1%

Clean Air Metals Inc. (CVE:AIR) fell 9.1% on Friday . The stock traded as low as C$0.05 and last traded at C$0.05. 59,110 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 126,151 shares. The stock had previously closed at C$0.06.

Clean Air Metals Stock Performance

The firm has a market cap of C$11.20 million, a PE ratio of -2.75 and a beta of 0.87. The firm has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The company has a quick ratio of 2.49, a current ratio of 40.91 and a debt-to-equity ratio of 0.03.

About Clean Air Metals

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.