Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report) traded up 31% during trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 679,035 shares traded hands during mid-day trading, an increase of 384% from the average session volume of 140,405 shares. The stock had previously closed at C$0.14.
iMetal Resources Stock Up 10.3%
The company’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.11. The company has a market capitalization of C$8.68 million, a P/E ratio of -1.95 and a beta of 1.03.
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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