Clean Air Metals (CVE:AIR) Trading 9.1% Higher – Time to Buy?

Clean Air Metals Inc. (CVE:AIR) traded up 9.1% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 164,050 shares were traded during trading, a decline of 58% from the average session volume of 386,527 shares. The stock had previously closed at C$0.06.

Clean Air Metals Stock Performance

The stock has a market cap of C$13.78 million, a P/E ratio of -5.50 and a beta of 3.49. The company has a current ratio of 1.23, a quick ratio of 2.49 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.08.

Clean Air Metals Company Profile

Clean Air Metals Inc, an exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.