CMC Metals (CVE:CMB) Hits New 12-Month Low – Time to Sell?

CMC Metals Ltd. (CVE:CMBGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 20000 shares changing hands. The stock had previously closed at C$0.02.

CMC Metals Stock Performance

The business’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The stock has a market capitalization of C$3.15 million, a PE ratio of -2.00 and a beta of 0.99. The company has a quick ratio of 2.80, a current ratio of 2.50 and a debt-to-equity ratio of 8.84.

CMC Metals Company Profile

(Get Free Report)

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.

Featured Stories

Receive News & Ratings for CMC Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Metals and related companies with MarketBeat.com's FREE daily email newsletter.