Clean Air Metals (CVE:AIR) Trading Down 12.5%

Clean Air Metals Inc. (CVE:AIR) shares traded down 12.5% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 193,912 shares traded hands during trading, a decline of 19% from the average session volume of 238,664 shares. The stock had previously closed at C$0.04.

Clean Air Metals Stock Down 12.5 %

The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 40.91 and a quick ratio of 2.49. The stock has a market capitalization of C$7.84 million, a price-to-earnings ratio of -1.75 and a beta of 0.96.

About Clean Air Metals

Clean Air Metals Inc, an exploration 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 Critical Minerals Project that comprises of three separate claim blocks which includes the Thunder Bay North Property consists of 300 unpatented claims covering an approximately area of 29,725 hectares; the Escape Lake Property consists of 20 unpatented claims with an area of 561.3 hectares; and the Escape North Property consists of 24 unpatented claims with an area of 1722 hectares located in Ontario, Canada.