IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) fell 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. 212,066 shares were traded during trading, an increase of 342% from the average session volume of 47,986 shares. The stock had previously closed at C$0.06.
IBC Advanced Alloys Trading Down 16.7%
The firm’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is 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. 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
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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