Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report) were up 18.2% during mid-day trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.13. Approximately 1,284,085 shares were traded during mid-day trading, an increase of 846% from the average daily volume of 135,702 shares. The stock had previously closed at C$0.11.
iMetal Resources Trading Up 18.2%
The company has a debt-to-equity ratio of 0.15, a current ratio of 0.13 and a quick ratio of 7.79. The business’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.19. The stock has a market cap of C$4.70 million, a P/E ratio of -0.72 and a beta of 1.00.
About iMetal Resources
iMetal Resources Inc, a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Ontario and Quebec in Canada. The company explores for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.
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