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 were traded during 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 stock has a 50-day simple moving average of C$0.07 and a 200 day simple moving average of C$0.08. The stock has a market capitalization of C$3.99 million, a P/E ratio of 2.64 and a beta of 1.16. The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81.
IBC Advanced Alloys Company Profile
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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