IBC Advanced Alloys (CVE:IB) Trading 28.6% Higher – What’s Next?

IBC Advanced Alloys Corp. (CVE:IBGet Free Report)’s share price rose 28.6% during trading on Monday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 391,855 shares traded hands during mid-day trading, an increase of 570% from the average daily volume of 58,497 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Stock Performance

The stock has a market cap of C$7.18 million, a P/E ratio of 4.75 and a beta of 1.16. The firm has a 50 day moving average of C$0.09 and a two-hundred day moving average of C$0.08. The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81.

IBC Advanced Alloys Company Profile

(Get Free Report)

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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