iMetal Resources (CVE:IMR) Trading 5% Higher – Here’s What Happened

iMetal Resources Inc. (CVE:IMR) rose 5% during mid-day trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 9,000 shares traded hands during trading, a decline of 21% from the average daily volume of 11,426 shares. The stock had previously closed at C$0.20.

iMetal Resources Price Performance

The company has a market capitalization of C$1.18 million, a P/E ratio of -0.49 and a beta of 1.59. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.13 and a quick ratio of 7.79. The firm’s 50-day moving average is C$0.22 and its 200-day moving average is C$0.26.

iMetal Resources (CVE:IMR) last issued its quarterly earnings data on Monday, October 28th. The company reported C($0.02) earnings per share (EPS) for the quarter.

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.