Clean Air Metals (CVE:AIR) Shares Down 5.3% – Time to Sell?

Clean Air Metals Inc. (CVE:AIR)’s share price fell 5.3% during mid-day trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09. 464,782 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 560,048 shares. The stock had previously closed at C$0.10.

Clean Air Metals Trading Down 10.5%

The firm’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.06. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.23 and a quick ratio of 2.49. The company has a market cap of C$21.30 million, a PE ratio of -9.00 and a beta of 2.74.

About Clean Air Metals

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.