Clean Air Metals (CVE:AIR) Reaches New 12-Month Low at $0.16

Clean Air Metals Inc. (CVE:AIRGet Rating)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 32558 shares. The stock had previously closed at C$0.16.

The firm has a 50-day moving average of C$0.21 and a 200 day moving average of C$0.22. The stock has a market capitalization of C$34.51 million and a price-to-earnings ratio of -12.31. The company has a current ratio of 0.45, a quick ratio of 0.34 and a debt-to-equity ratio of 8.35.

Clean Air Metals (CVE:AIRGet Rating) last released its quarterly earnings results on Tuesday, May 31st. The company reported C($0.01) EPS for the quarter. As a group, research analysts forecast that Clean Air Metals Inc. will post -0.1 EPS for the current year.

About Clean Air Metals (CVE:AIR)

Clean Air Metals Inc, an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for platinum, palladium, copper, and nickel deposits. Its flagship properties are the Thunder Bay North property that consists of 219 unpatented mining claims covering an area of approximately 40,816 hectares; and the Escape Lake project, which consists of 20 unpatented claims covering an area of approximately 561.3 hectares located in the Thunder Bay region of Ontario.

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