iMetal Resources Inc. (CVE:IMR – Get Free Report)’s share price rose 27.3% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 1,862,211 shares changed hands during trading, an increase of 741% from the average daily volume of 221,540 shares. The stock had previously closed at C$0.11.
iMetal Resources Stock Up 27.3%
The firm’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.19. The company has a market cap of C$5.65 million, a price-to-earnings ratio of -0.93 and a beta of 1.00. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15.
iMetal Resources Company Profile
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.
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