Clean Air Metals (CVE:AIR) Trading Down 10%

Clean Air Metals Inc. (CVE:AIR)’s stock price fell 10% during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. 332,050 shares changed hands during trading, an increase of 150% from the average session volume of 132,822 shares. The stock had previously closed at C$0.05.

Clean Air Metals Price Performance

The company has a quick ratio of 2.49, a current ratio of 40.91 and a debt-to-equity ratio of 0.03. The stock’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The firm has a market cap of C$11.20 million, a price-to-earnings ratio of -2.50 and a beta of 0.92.

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.