iMetal Resources Inc. (CVE:IMR – Get Free Report)’s share price shot up 16.2% on Wednesday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 222,283 shares traded hands during trading, an increase of 45% from the average session volume of 153,170 shares. The stock had previously closed at C$0.18.
iMetal Resources Trading Up 18.9%
The firm has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.11. The company has a market capitalization of C$8.88 million, a PE ratio of -2.00 and a beta of 1.03.
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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