IBC Advanced Alloys (CVE:IB) Trading Up 5% – Should You Buy?

IBC Advanced Alloys Corp. (CVE:IB) rose 5% on Friday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 40,694 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 51,038 shares. The stock had previously closed at C$0.20.

IBC Advanced Alloys Price Performance

The stock has a market capitalization of C$24.03 million, a P/E ratio of -7.00 and a beta of 2.60. The business has a fifty day simple moving average of C$0.21 and a 200 day simple moving average of C$0.16. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 343.32.

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.