IBC Advanced Alloys (OTCMKTS:IAALF) Releases Quarterly Earnings Results

IBC Advanced Alloys (OTCMKTS:IAALF) announced its quarterly earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. IBC Advanced Alloys had a net margin of 4.40% and a return on equity of 34.23%.

IBC Advanced Alloys Price Performance

Shares of IBC Advanced Alloys stock opened at $0.06 on Monday. The stock has a market capitalization of $6.81 million, a P/E ratio of 3.00 and a beta of 1.09. IBC Advanced Alloys has a twelve month low of $0.03 and a twelve month high of $0.09. The company has a current ratio of 0.81, a quick ratio of 0.33 and a debt-to-equity ratio of 1.18. The business’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.06.

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.