iMetal Resources (CVE:IMR) Stock Price Down 15.4% – Here’s Why
by Kim Johansen · The Markets DailyiMetal Resources Inc. (CVE:IMR – Get Free Report) traded down 15.4% during trading on Monday . The company traded as low as C$0.11 and last traded at C$0.11. 122,500 shares changed hands during trading, an increase of 105% from the average session volume of 59,867 shares. The stock had previously closed at C$0.13.
iMetal Resources Trading Down 15.4%
The firm has a market capitalization of C$3.98 million, a price-to-earnings ratio of -0.61 and a beta of 0.16. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average of C$0.17 and a two-hundred day moving average of C$0.19.
iMetal Resources Company Profile
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.