Clean Air Metals (CVE:AIR) Hits New 1-Year High – Here’s What Happened

Clean Air Metals Inc. (CVE:AIR)’s share price hit a new 52-week high on Tuesday . The company traded as high as C$0.12 and last traded at C$0.11, with a volume of 725002 shares. The stock had previously closed at C$0.11.

Clean Air Metals Trading Down 4.8%

The firm has a market cap of C$25.06 million, a P/E ratio of -9.00 and a beta of 3.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 1.23. The firm has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.06.

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.