iMetal Resources (CVE:IMR) Trading Down 8%

iMetal Resources Inc. (CVE:IMR)’s share price was down 8% during trading on Thursday . The stock traded as low as C$0.46 and last traded at C$0.46. Approximately 1,600 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 11,292 shares. The stock had previously closed at C$0.50.

iMetal Resources Stock Performance

The company has a quick ratio of 7.79, a current ratio of 0.50 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average price of C$0.31 and a two-hundred day moving average price of C$0.15. The stock has a market cap of C$2.58 million, a P/E ratio of -0.92 and a beta of 1.73.

iMetal Resources (CVE:IMR) last announced its quarterly earnings data on Friday, January 26th. The company reported C($0.01) earnings per share (EPS) for the quarter.

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.