A.I.S. Resources (CVE:AIS) Trading Down 23.1% – Here’s What Happened

A.I.S. Resources Limited (CVE:AIS) shares traded down 23.1% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. 379,500 shares changed hands during trading, an increase of 293% from the average session volume of 96,687 shares. The stock had previously closed at C$0.07.

A.I.S. Resources Stock Performance

The company’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.03. The company has a market capitalization of C$1.60 million, a P/E ratio of -1.67 and a beta of -0.26. The company has a quick ratio of 0.38, a current ratio of 0.02 and a debt-to-equity ratio of 150.53.

A.I.S. Resources Company Profile

A.I.S. Resources Limited engages in acquiring, exploring, developing, and exploiting natural resource properties. It primarily explores for lithium and gold deposits. The company also purchases and sells EV battery materials. A.I.S. Resources Limited was founded in 1967 and is headquartered in Vancouver, Canada.