iMetal Resources Inc. (CVE:IMR – Get Free Report) fell 4.3% during trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. 105,000 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 233,897 shares. The stock had previously closed at C$0.12.
iMetal Resources Price Performance
The firm has a market cap of C$4.44 million, a price-to-earnings ratio of -0.73 and a beta of 0.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.79 and a current ratio of 0.13. The company’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.19.
About iMetal Resources
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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