Armor Minerals (CVE:A) Stock Price Down 7.2% – Here’s Why

by · The Cerbat Gem

Armor Minerals Inc. (CVE:A – Get Free Report)’s share price was down 7.2% during mid-day trading on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 6,785 shares. The stock had previously closed at C$0.49.

Armor Minerals Stock Performance

The company has a debt-to-equity ratio of 18.07, a current ratio of 26.60 and a quick ratio of 26.58. The stock has a market capitalization of C$34.48 million and a price-to-earnings ratio of -450.00. The stock has a 50-day moving average of C$0.45 and a 200 day moving average of C$0.45.

Armor Minerals Company Profile

(Get Free Report)

Armor Minerals Inc engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc in May 2015. Armor Minerals Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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