Shares of iMetal Resources Inc. (CVE:IMR – Get Free Report) shot up 9.5% during mid-day trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.23. 15,000 shares were traded during mid-day trading, an increase of 170% from the average session volume of 5,560 shares. The stock had previously closed at C$0.21.
iMetal Resources Stock Performance
The company’s 50 day simple moving average is C$0.22 and its 200 day simple moving average is C$0.21. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.79 and a current ratio of 0.13. The stock has a market cap of C$1.29 million, a PE ratio of -0.53 and a beta of 1.59.
iMetal Resources Company Profile
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.
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