iMetal Resources (CVE:IMR) Trading Down 9.4%

Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report ) traded down 9.4% during trading on Thursday. The stock traded as low as $0.24 and last traded at $0.24. 6,000 shares changed hands in mid-day trading, down 46% from the session’s average volume of 11,195 shares. Shares previously closed at $0.27.

iMetal Resources trading down 9.4%

The stock has a market cap of $1.35 million, a PE ratio of -0.15 and a beta of 1.58. The company’s fifty-day moving average is $0.22 and its 200-day moving average is $0.31. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.26, and a quick ratio of 7.79.

About iMetal resources

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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 precious and base metal resources. Its flagship property is the Gowganda West project, covering an area of ​​approximately 147 square kilometres, located in Ontario; Kerrs Gold property covering an area of ​​665 hectares located in Ontario; and the Ghost Mountain property consists of eleven claim units covering an area of ​​220 hectares located in Ontario.

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