IBC Advanced Alloys (CVE:IB) Reaches New 1-Year Low – Here’s Why

Shares of IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) reached a new 52-week low on Wednesday. The stock traded as low as C$0.12 and last traded at C$0.14, with a volume of 33,630 shares. The stock had previously closed at C$0.18.

IBC Advanced Alloys Stock Down 22.2%

The company has a market capitalization of C$16.13 million, a PE ratio of -7.00 and a beta of 1.55. The company’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.18. The company has a quick ratio of 0.18, a current ratio of 0.74 and a debt-to-equity ratio of 3,167.47.

IBC Advanced Alloys Company Profile

(Get Free Report)

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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