IBC Advanced Alloys (CVE:IB) Stock Price Down 23.3% – What’s Next?

IBC Advanced Alloys Corp. (CVE:IBGet Free Report) shares dropped 23.3% on Monday . The company traded as low as C$0.16 and last traded at C$0.17. Approximately 220,260 shares changed hands during trading, an increase of 391% from the average daily volume of 44,855 shares. The stock had previously closed at C$0.22.

IBC Advanced Alloys Price Performance

The stock has a market cap of C$18.88 million, a P/E ratio of -5.50 and a beta of 2.37. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 343.32. The company’s fifty day simple moving average is C$0.20 and its 200-day simple moving average is C$0.14.

About IBC Advanced Alloys

(Get Free Report)

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.

See Also

Receive News & Ratings for IBC Advanced Alloys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBC Advanced Alloys and related companies with MarketBeat.com's FREE daily email newsletter.