IBC Advanced Alloys (CVE:IB) Reaches New 52-Week Low – Here’s What Happened

IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) shares hit a new 52-week low on Wednesday. The stock traded as low as C$0.12 and last traded at C$0.14, with a volume of 33,630 shares trading hands. The stock had previously closed at C$0.18.

IBC Advanced Alloys Stock Performance

The business has a 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.18. The firm has a market capitalization of C$16.13 million, a price-to-earnings ratio of -7.00 and a beta of 1.55. The company has a quick ratio of 0.18, a current ratio of 0.74 and a debt-to-equity ratio of 3,167.47.

About IBC Advanced Alloys

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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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