IBC Advanced Alloys (CVE:IB) Stock Price Down 14.3% – Should You Sell?

Shares of IBC Advanced Alloys Corp. (CVE:IB) were down 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.18. Approximately 332,217 shares traded hands during mid-day trading, an increase of 431% from the average daily volume of 62,516 shares. The stock had previously closed at C$0.21.

IBC Advanced Alloys Trading Down 14.3%

The company has a 50 day simple moving average of C$0.20 and a 200 day simple moving average of C$0.12. The company has a market capitalization of C$20.60 million, a PE ratio of -6.00 and a beta of 2.49. The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81.

IBC Advanced Alloys Company Profile

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.