IBC Advanced Alloys (CVE:IB) Shares Down 14.3% – Should You Sell?
by Renee Jackson · The Cerbat GemIBC Advanced Alloys Corp. (CVE:IB – Get Free Report) shares traded down 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.18. 332,217 shares changed hands during trading, an increase of 431% from the average session volume of 62,516 shares. The stock had previously closed at C$0.21.
IBC Advanced Alloys Stock Performance
The stock has a market cap of C$20.60 million, a price-to-earnings ratio of -6.00 and a beta of 2.49. The company has a debt-to-equity ratio of 343.32, a current ratio of 0.81 and a quick ratio of 0.18. The stock’s 50-day moving average is C$0.20 and its 200-day moving average is C$0.12.
About IBC Advanced Alloys
IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.