Shares of CMC Metals Ltd. (CVE:CMB – Get Free Report) fell 8% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 223,932 shares changed hands during trading, a decline of 8% from the average session volume of 244,489 shares. The stock had previously closed at C$0.03.
CMC Metals Price Performance
The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The company has a debt-to-equity ratio of 8.84, a current ratio of 2.50 and a quick ratio of 2.80. The stock has a market capitalization of C$3.63 million, a price-to-earnings ratio of -2.30 and a beta of 0.99.
CMC Metals Company Profile
CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 claims covering an area of 2,017 hectares located in south-central Yukon.
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