iMetal Resources (CVE:IMR) Trading 26.1% Higher – Here’s Why

iMetal Resources Inc. (CVE:IMRGet Free Report)’s stock price traded up 26.1% during trading on Tuesday . The company traded as high as C$0.15 and last traded at C$0.15. 738,983 shares were traded during trading, an increase of 1,059% from the average session volume of 63,733 shares. The stock had previously closed at C$0.12.

iMetal Resources Stock Up 26.1%

The stock has a fifty day moving average of C$0.16 and a 200-day moving average of C$0.19. The company has a current ratio of 0.13, a quick ratio of 7.79 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of C$5.24 million, a price-to-earnings ratio of -0.81 and a beta of 0.16.

iMetal Resources Company Profile

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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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