iMetal Resources (CVE:IMR) Stock Price Up 26.1% – Should You Buy?

iMetal Resources Inc. (CVE:IMRGet Free Report)’s stock price traded up 26.1% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 738,983 shares traded hands during mid-day trading, an increase of 1,059% from the average session volume of 63,733 shares. The stock had previously closed at C$0.12.

iMetal Resources Price Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 0.13 and a quick ratio of 7.79. The stock has a market capitalization of C$5.24 million, a price-to-earnings ratio of -0.81 and a beta of 0.16. The stock’s 50 day simple moving average is C$0.16 and its 200-day simple moving average is C$0.19.

iMetal Resources Company Profile

(Get Free Report)

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.

Read More

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.