iMetal Resources (CVE:IMR) Trading Down 8.3%

iMetal Resources Inc (CVE:IMR)’s share price fell 8.3% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06, 225,500 shares were traded during mid-day trading. A decline of 45% from the average session volume of 408,798 shares. The stock had previously closed at C$0.06.

The stock has a 50-day moving average of C$0.07 and a 200-day moving average of C$0.06. The firm has a market cap of $7.86 million and a price-to-earnings ratio of -7.22. The company has a debt-to-equity ratio of 0.29, a quick ratio of 6.30 and a current ratio of 7.13.

iMetal Resources Company Profile (CVE:IMR)

iMetal Resources Inc explores for and develops mineral properties in Canada. The company primarily explores for precious and base metal resources. It owns the Gowganda West Project covering an area of 105 squares kilometers situated in Ontario; various claims in the Temagami North Property situated in north-eastern Ontario; Carheil property that covers an area of approximately 5,400 acres located in Quebec.

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