IBC Advanced Alloys (CVE:IB) Shares Down 16%

IBC Advanced Alloys Corp. (CVE:IB – Get Rating)’s stock price traded down 16% on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 128,000 shares traded hands during trading, an increase of 192% from the average session volume of 43,848 shares. The stock had previously closed at C$0.13.

IBC Advanced Alloys Stock Performance

The company has a quick ratio of 0.18, a current ratio of 0.64 and a debt-to-equity ratio of 241.15. The company has a market cap of C$10.51 million, a PE ratio of -3.50 and a beta of 0.75. The stock’s 50 day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.15.

IBC Advanced Alloys Company Profile

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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, bars, and rings, as well as specialty copper alloy forgings for industrial welding, oil and gas, plastic mold, metal melting, marine defense, electronic, and industrial equipment markets.