Clean Air Metals (CVE:AIR) Trading Down 13.3%

Clean Air Metals Inc. (CVE:AIR – Get Rating)’s stock price dropped 13.3% on Wednesday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 435,105 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 1,281,966 shares. The stock had previously closed at C$0.08.

Clean Air Metals Stock Up 8.3 %

The stock has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.11. The stock has a market capitalization of C$14.53 million, a price-to-earnings ratio of -3.25 and a beta of 0.62. The company has a quick ratio of 2.49, a current ratio of 0.74 and a debt-to-equity ratio of 2.84.

Clean Air Metals (CVE:AIR – Get Rating) last announced its quarterly earnings results on Wednesday, December 28th. The company reported C($0.01) EPS for the quarter. As a group, analysts forecast that Clean Air Metals Inc. will post -0.1 EPS for the current year.

About Clean Air Metals

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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.