A.I.S. Resources (CVE:AIS) Stock Price Down 23.1% – Should You Sell?

A.I.S. Resources Limited (CVE:AIS)’s stock price fell 23.1% during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. 379,500 shares traded hands during mid-day trading, an increase of 293% from the average session volume of 96,687 shares. The stock had previously closed at C$0.07.

A.I.S. Resources Trading Down 23.1%

The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.03. The stock has a market cap of C$1.60 million, a price-to-earnings ratio of -1.67 and a beta of -0.26. The company has a debt-to-equity ratio of 150.53, a current ratio of 0.02 and a quick ratio of 0.38.

About A.I.S. Resources

A.I.S. Resources Limited engages in acquiring, exploring, developing, and exploiting natural resource properties. It primarily explores for lithium and gold deposits. The company also purchases and sells EV battery materials. A.I.S. Resources Limited was founded in 1967 and is headquartered in Vancouver, Canada.