IBC Advanced Alloys (CVE:IB) Shares Down 20.9% – Time to Sell?

IBC Advanced Alloys Corp. (CVE:IB) was down 20.9% during mid-day trading on Monday . The company traded as low as C$0.16 and last traded at C$0.17. Approximately 247,360 shares were traded during mid-day trading, an increase of 387% from the average daily volume of 50,795 shares. The stock had previously closed at C$0.22.

IBC Advanced Alloys Stock Performance

The firm has a fifty day moving average price of C$0.20 and a 200 day moving average price of C$0.14. The firm has a market capitalization of C$18.88 million, a PE ratio of -5.50 and a beta of 2.37. The company has a debt-to-equity ratio of 343.32, a current ratio of 0.81 and a quick ratio of 0.18.

About IBC Advanced Alloys

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.