IBC Advanced Alloys (CVE:IB) Shares Down 7.1% – Time to Sell?

IBC Advanced Alloys Corp. (CVE:IBGet Free Report) was down 7.1% during mid-day trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 171,166 shares traded hands during trading, an increase of 214% from the average daily volume of 54,475 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Price Performance

The company has a quick ratio of 0.18, a current ratio of 0.73 and a debt-to-equity ratio of 371.47. The firm’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a market cap of C$6.24 million, a PE ratio of -2.17 and a beta of 1.14.

About IBC Advanced Alloys

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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.

Further Reading

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