Clean Air Metals (CVE:AIR) Shares Down 8.3%

Clean Air Metals Inc. (CVE:AIRGet Free Report)’s stock price was down 8.3% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 121,347 shares changed hands during trading, an increase of 8% from the average daily volume of 112,740 shares. The stock had previously closed at C$0.06.

Clean Air Metals Stock Performance

The firm’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05. The stock has a market capitalization of C$12.32 million, a price-to-earnings ratio of -3.00 and a beta of 0.87. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.49 and a current ratio of 40.91.

Clean Air Metals (CVE:AIRGet Free Report) last released its quarterly earnings data on Monday, January 1st. The company reported C($0.01) earnings per share for the quarter. Analysts forecast that Clean Air Metals Inc. will post -0.1 earnings per share for the current fiscal year.

About Clean Air Metals

(Get Free Report)

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.

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