iMetal Resources Inc. (CVE:IMR – Get Free Report) shares traded up 16.2% during mid-day trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 222,283 shares changed hands during trading, an increase of 45% from the average session volume of 153,170 shares. The stock had previously closed at C$0.18.
iMetal Resources Trading Up 25.5%
The company has a market capitalization of C$11.91 million, a price-to-earnings ratio of -2.68 and a beta of 1.03. The stock’s fifty day simple moving average is C$0.13 and its 200-day simple moving average is C$0.11.
iMetal Resources Company Profile
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.
Further Reading
- Five stocks we like better than iMetal Resources
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for iMetal Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMetal Resources and related companies with MarketBeat.com's FREE daily email newsletter.
