iMetal Resources Inc. (CVE:IMR – Get Free Report)’s share price fell 20% on Monday . The stock traded as low as C$0.10 and last traded at C$0.10. 1,403,061 shares were traded during mid-day trading, an increase of 2,373% from the average session volume of 56,743 shares. The stock had previously closed at C$0.13.
iMetal Resources Price Performance
The company’s 50-day simple moving average is C$0.25 and its 200-day simple moving average is C$0.20. 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 stock has a market capitalization of C$3.61 million, a price-to-earnings ratio of -0.56 and a beta of 0.80.
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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