CMC Metals Ltd. (CVE:CMB – Get Free Report) was down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 122,000 shares were traded during trading, a decline of 56% from the average daily volume of 279,069 shares. The stock had previously closed at C$0.04.
CMC Metals Stock Performance
The company has a current ratio of 2.05, a quick ratio of 2.80 and a debt-to-equity ratio of 8.98. The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm has a market cap of C$4.56 million, a P/E ratio of -1.75 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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