Shares of IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) were up 29.4% during mid-day trading on Friday . The company traded as high as C$0.25 and last traded at C$0.22. Approximately 394,128 shares were traded during mid-day trading, an increase of 548% from the average daily volume of 60,815 shares. The stock had previously closed at C$0.17.
IBC Advanced Alloys Stock Up 4.5%
The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81. The company has a market cap of C$26.32 million, a price-to-earnings ratio of -11.50 and a beta of 2.41. The business has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.08.
About IBC Advanced Alloys
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.
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