IBC Advanced Alloys (CVE:IB) Reaches New 52-Week Low – Time to Sell?

IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) reached a new 52-week low during trading on Monday. The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 17,000 shares trading hands. The stock had previously closed at C$0.10.

IBC Advanced Alloys Trading Down 4.8%

The company has a debt-to-equity ratio of 3,167.47, a quick ratio of 0.18 and a current ratio of 0.74. The business has a 50-day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.18. The stock has a market cap of C$11.52 million, a price-to-earnings ratio of -5.00 and a beta of 1.55.

IBC Advanced Alloys Company Profile

(Get Free Report)

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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