CMC Metals (CVE:CMB) Stock Price Down 16.7% – Here’s Why

CMC Metals Ltd. (CVE:CMBGet Free Report)’s stock price traded down 16.7% during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 936,000 shares traded hands during trading, an increase of 271% from the average session volume of 252,037 shares. The stock had previously closed at C$0.03.

CMC Metals Price Performance

The firm’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.03. The firm has a market cap of C$3.94 million, a P/E ratio of -2.50 and a beta of 0.99. The company has a debt-to-equity ratio of 8.84, a current ratio of 2.50 and a quick ratio of 2.80.

About CMC Metals

(Get Free Report)

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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