iMetal Resources (CVE:IMR) Shares Down 9.3% – Time to Sell?

iMetal Resources Inc. (CVE:IMRGet Free Report)’s stock price traded down 9.3% during mid-day trading on Monday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 338,586 shares traded hands during mid-day trading, an increase of 126% from the average session volume of 149,895 shares. The stock had previously closed at C$0.21.

iMetal Resources Trading Down 11.6%

The company has a market cap of C$7.67 million, a PE ratio of -1.73 and a beta of 1.03. The stock has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.11.

About iMetal Resources

(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.

See Also

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.