IBC Advanced Alloys Corp. (CVE:IB – Get Free Report)’s stock price dropped 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 212,066 shares changed hands during mid-day trading, an increase of 342% from the average daily volume of 47,986 shares. The stock had previously closed at C$0.06.
IBC Advanced Alloys Price Performance
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 company has a 50-day moving average price of C$0.07 and a 200-day moving average price of C$0.08. The firm has a market capitalization of C$3.99 million, a PE ratio of 2.64 and a beta of 1.16.
About IBC Advanced Alloys
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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