CMC Metals (CVE:CMB) Hits New 12-Month Low at $0.03

CMC Metals Ltd. (CVE:CMBGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 44000 shares trading hands. The stock had previously closed at C$0.04.

CMC Metals Stock Down 14.3 %

The company has a quick ratio of 2.80, a current ratio of 0.39 and a debt-to-equity ratio of 122.14. The business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.07. The company has a market capitalization of C$4.39 million, a price-to-earnings ratio of -1.00 and a beta of 1.08.

CMC Metals Company Profile

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CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. The company explores for silver, zinc, lead, gold, copper, antimony, bismuth, and tungsten deposits. It holds a 100% interest in the Silver Hart property that includes 116 contiguous full and partial mineral claims covering an area of 2,200 hectares located in the Watson Lake Mining District, Yukon Territories; and the Logjam property, which comprises 32 claims covering an area of 632 hectares located in south-central Yukon.

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