Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report) rose 18.2% during mid-day trading on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.13. Approximately 1,320,585 shares were traded during mid-day trading, an increase of 858% from the average daily volume of 137,848 shares. The stock had previously closed at C$0.11.
iMetal Resources Price Performance
The stock’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.19. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15. The firm has a market cap of C$4.88 million, a price-to-earnings ratio of -0.75 and a beta of 1.00.
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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