iMetal Resources (CVE:IMR) Stock Price Down 4.3% – Here’s What Happened
by Doug Wharley · The Cerbat GemShares of iMetal Resources Inc. (CVE:IMR – Get Free Report) traded down 4.3% on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 105,000 shares changed hands during trading, a decline of 55% from the average session volume of 233,897 shares. The stock had previously closed at C$0.12.
iMetal Resources Trading Down 4.3%
The company has a current ratio of 0.13, a quick ratio of 7.79 and a debt-to-equity ratio of 0.15. The company has a market cap of C$4.44 million, a PE ratio of -0.73 and a beta of 0.59. The stock has a 50 day moving average price of C$0.12 and a 200 day moving average price 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.