iMetal Resources (CVE:IMR) Reaches New 1-Year Low – Here’s What Happened

iMetal Resources Inc. (CVE:IMRGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 114350 shares changing hands. The stock had previously closed at C$0.10.

iMetal Resources Stock Performance

The stock’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.11. The stock has a market cap of C$3.63 million, a P/E ratio of -0.82 and a beta of 0.84.

iMetal Resources Company Profile

(Get Free Report)

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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