iMetal Resources Inc. (CVE:IMR – Get Free Report) shares rose 15% during mid-day trading on Wednesday. The company traded as high as C$0.23 and last traded at C$0.23. Approximately 111,500 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 157,064 shares. The stock had previously closed at C$0.20.
iMetal Resources Trading Up 15.0%
The firm has a market cap of C$9.28 million, a price-to-earnings ratio of -2.09 and a beta of 1.29. The stock’s fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.13.
iMetal Resources Company Profile
iMetal Resources Inc, a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Ontario and Quebec in Canada. The company explores for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.
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