CMC Metals (CVE:CMB) Stock Price Up 20%

CMC Metals Ltd (CVE:CMB)’s stock price rose 20% on Thursday . The company traded as high as C$0.06 and last traded at C$0.06, approximately 15,800 shares traded hands during trading. A decline of 57% from the average daily volume of 37,144 shares. The stock had previously closed at C$0.05.

The stock’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.07. The stock has a market cap of $2.35 million and a P/E ratio of -2.50.

CMC Metals Company Profile (CVE:CMB)

CMC Metals Ltd. engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for silver-zinc-lead deposits. The company holds a 100% interest in the Silver Hart property consisting of 116 contiguous and partial claims covering an area of 2,200 hectares located in the Watson Lake Mining District, Yukon Territories.

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