IBC Advanced Alloys Corp. (CVE:IB – Get Free Report)’s share price dropped 21.4% during trading on Friday. The company traded as low as C$0.10 and last traded at C$0.11. Approximately 295,559 shares were traded during mid-day trading, an increase of 841% from the average session volume of 31,407 shares. The stock had previously closed at C$0.14.
IBC Advanced Alloys Price Performance
The company has a fifty day moving average of C$0.17 and a 200 day moving average of C$0.18. The firm has a market capitalization of C$12.68 million, a P/E ratio of -5.50 and a beta of 1.55. The company has a debt-to-equity ratio of 3,167.47, a current ratio of 0.74 and a quick ratio of 0.18.
About IBC Advanced Alloys
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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