iMetal Resources (CVE:IMR) Trading Up 27.3% – Here’s Why

iMetal Resources Inc. (CVE:IMRGet Free Report)’s stock price rose 27.3% during trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.14. 1,862,211 shares were traded during mid-day trading, an increase of 741% from the average daily volume of 221,540 shares. The stock had previously closed at C$0.11.

iMetal Resources Stock Up 27.3%

The stock has a market capitalization of C$5.65 million, a price-to-earnings ratio of -0.93 and a beta of 1.00. The business has a 50-day moving average of C$0.12 and a 200-day moving average of C$0.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.79 and a current ratio of 0.13.

iMetal Resources Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iMetal Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMetal Resources and related companies with MarketBeat.com's FREE daily email newsletter.