G6 Materials (CVE:GGG) Shares Down 25% – Here’s Why

G6 Materials Corp. (CVE:GGGGet Free Report) shares were down 25% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 167,400 shares changed hands during trading, an increase of 422% from the average daily volume of 32,055 shares. The stock had previously closed at C$0.04.

G6 Materials Price Performance

The company has a debt-to-equity ratio of 898.44, a quick ratio of 6.90 and a current ratio of 0.68. The company has a market capitalization of C$591,000.00, a price-to-earnings ratio of -0.29 and a beta of 0.02. The company has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.07.

G6 Materials Company Profile

(Get Free Report)

G6 Materials Corp., through its subsidiaries, develops, manufactures, and sells proprietary products based on graphene and other materials. It offers air purification materials; general purpose, flexible, high-temperature, and room temperature adhesives; advanced materials and composite formulations for businesses and daily life industries, as well as air, sea, and land applications.

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