IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) was up 28.6% during trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 392,855 shares traded hands during mid-day trading, an increase of 567% from the average daily volume of 58,876 shares. The stock had previously closed at C$0.07.
IBC Advanced Alloys Trading Up 28.6 %
The company has a debt-to-equity ratio of 343.32, a current ratio of 0.81 and a quick ratio of 0.18. The company has a market capitalization of C$7.18 million, a price-to-earnings ratio of 4.75 and a beta of 1.16. The business’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.08.
About IBC Advanced Alloys
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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