IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) shares rose 28.6% during trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 392,855 shares changed hands during trading, an increase of 568% from the average daily volume of 58,841 shares. The stock had previously closed at C$0.07.
IBC Advanced Alloys Trading Up 28.6 %
The company has a 50 day moving average of C$0.09 and a 200 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. The stock has a market capitalization of C$7.18 million, a price-to-earnings ratio of 4.75 and a beta of 1.16.
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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