iMetal Resources (CVE:IMR) Trading Up 4.9% – Here’s Why

Shares of iMetal Resources Inc. (CVE:IMR) were up 4.9% during trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 3,000 shares changed hands during trading, a decline of 73% from the average daily volume of 11,070 shares. The stock had previously closed at C$0.21.

iMetal Resources Stock Up 4.9 %

The company has a debt-to-equity ratio of 0.15, a current ratio of 0.13 and a quick ratio of 7.79. The firm’s 50-day moving average is C$0.21 and its 200 day moving average is C$0.24. The stock has a market cap of C$1.21 million, a price-to-earnings ratio of -0.50 and a beta of 1.59.

iMetal Resources (CVE:IMR) last released its quarterly earnings data on Monday, October 28th. The company reported C($0.02) 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.