CMC Metals (CVE:CMB) Given a C$0.12 Price Target at Fundamental Research

Fundamental Research set a C$0.12 price target on CMC Metals (CVE:CMB) in a report published on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

CMC Metals Price Performance

CMC Metals stock opened at C$0.02 on Monday. The company has a current ratio of 2.50, a quick ratio of 2.80 and a debt-to-equity ratio of 8.84. The company has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The stock has a market cap of C$3.15 million, a P/E ratio of -2.00 and a beta of 0.99. CMC Metals has a 12-month low of C$0.02 and a 12-month high of C$0.05.

Insider Activity

In other news, Director Kevin John Brewer bought 2,500,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were acquired at an average price of C$0.03 per share, for a total transaction of C$62,500.00. Company insiders own 5.86% of the company’s stock.

About CMC Metals

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.