iMetal Resources Inc. (CVE:IMR – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.31 and last traded at C$0.28, with a volume of 827024 shares changing hands. The stock had previously closed at C$0.29.
iMetal Resources Stock Down 3.4%
The firm has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.11. The firm has a market capitalization of C$11.50 million, a PE ratio of -2.59 and a beta of 1.03.
About iMetal Resources
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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