Armor Minerals (CVE:A) Stock Price Down 7.2% – Here’s Why

Armor Minerals Inc. (CVE:AGet Free Report) was down 7.2% during trading on Wednesday . The company traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 6,785 shares. The stock had previously closed at C$0.49.

Armor Minerals Price Performance

The company has a debt-to-equity ratio of 18.07, a quick ratio of 26.58 and a current ratio of 26.60. The company has a market capitalization of C$34.48 million and a price-to-earnings ratio of -450.00. The company has a 50-day moving average price of C$0.45 and a 200-day moving average price of C$0.45.

About Armor Minerals

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Armor Minerals Inc engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc in May 2015. Armor Minerals Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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