IBC Advanced Alloys Corp. (CVE:IB – Get Free Report)’s share price fell 12.5% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 131,000 shares changed hands during mid-day trading, an increase of 137% from the average session volume of 55,187 shares. The stock had previously closed at C$0.08.
IBC Advanced Alloys Trading Down 12.5 %
The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 371.47. The firm has a market cap of C$7.94 million, a price-to-earnings ratio of -2.33 and a beta of 1.14. The business’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.08.
IBC Advanced Alloys Company Profile
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.
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