CMC Metals (CVE:CMB) Trading 25% Higher

CMC Metals Ltd. (CVE:CMBGet Free Report)’s stock price traded up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 807,682 shares were traded during trading, an increase of 227% from the average session volume of 247,217 shares. The stock had previously closed at C$0.02.

CMC Metals Stock Performance

The company has a market capitalization of C$3.94 million, a price-to-earnings ratio of -2.00 and a beta of 0.95. The stock’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The company has a current ratio of 2.50, a quick ratio of 2.80 and a debt-to-equity ratio of 8.84.

CMC Metals Company Profile

(Get Free Report)

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.

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