IBC Advanced Alloys (CVE:IB) Stock Price Down 14.3% – Time to Sell?

by · The Cerbat Gem

IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) fell 14.3% during trading on Wednesday . 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 Price Performance

The firm has a market capitalization of C$20.60 million, a PE 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 business’s 50 day moving average is C$0.20 and its two-hundred day moving average is C$0.12.

About IBC Advanced Alloys

(Get Free Report)

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.

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