Clean Air Metals (CVE:AIR) Trading 11.1% Higher – Time to Buy?

Clean Air Metals Inc. (CVE:AIR)’s stock price rose 11.1% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 124,795 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 146,109 shares. The stock had previously closed at C$0.05.

Clean Air Metals Trading Up 11.1 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.49 and a current ratio of 1.23. The business’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$11.61 million, a price-to-earnings ratio of -2.50 and a beta of 1.27.

About Clean Air Metals

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.