IBC Advanced Alloys (CVE:IB) Trading Down 14.3% – Time to Sell?
by Amy Steele · The Cerbat GemShares of IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) were down 14.3% during trading on Thursday . The company traded as low as C$0.15 and last traded at C$0.18. Approximately 332,217 shares changed hands during mid-day trading, an increase of 431% from the average daily volume of 62,516 shares. The stock had previously closed at C$0.21.
IBC Advanced Alloys Stock Down 14.3%
The firm has a market cap of C$20.60 million, a P/E ratio of -6.00 and a beta of 2.49. The firm’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.12. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 343.32.
IBC Advanced Alloys Company Profile
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.