IBC Advanced Alloys (CVE:IB) Shares Down 18.6% – What’s Next?

IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) traded down 18.6% during mid-day trading on Monday . The stock traded as low as C$0.16 and last traded at C$0.18. 220,760 shares traded hands during mid-day trading, an increase of 351% from the average session volume of 48,988 shares. The stock had previously closed at C$0.22.

IBC Advanced Alloys Price Performance

The company has a market capitalization of C$18.88 million, a P/E ratio of -5.50 and a beta of 2.37. The business’s 50-day moving average is C$0.20 and its two-hundred day moving average is C$0.14. The company has a quick ratio of 0.18, a current ratio of 0.81 and a debt-to-equity ratio of 343.32.

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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