IBC Advanced Alloys Corp. (CVE:IB – Get Free Report)’s stock price traded down 23.3% on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.17. 257,360 shares traded hands during mid-day trading, an increase of 400% from the average session volume of 51,462 shares. The stock had previously closed at C$0.22.
IBC Advanced Alloys Stock Down 7.0%
The company’s fifty day simple moving average is C$0.20 and its 200 day simple moving average is C$0.14. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 343.32. The firm has a market capitalization of C$22.89 million, a P/E ratio of -6.67 and a beta of 2.37.
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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