Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report) traded up 20.6% on Friday . The company traded as high as C$0.24 and last traded at C$0.21. 150,000 shares changed hands during mid-day trading, an increase of 278% from the average session volume of 39,645 shares. The stock had previously closed at C$0.17.
iMetal Resources Stock Performance
The business’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.19. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of C$1.21 million, a PE ratio of -0.50 and a beta of 1.59.
About iMetal Resources
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 for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.
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