CMC Metals Ltd. (CVE:CMB – Get Free Report)’s share price was down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 440,732 shares were traded during trading, an increase of 176% from the average daily volume of 159,677 shares. The stock had previously closed at C$0.03.
Analyst Ratings Changes
Separately, Fundamental Research set a C$0.12 price target on CMC Metals and gave the stock a “buy” rating in a research note on Monday, January 6th.
View Our Latest Stock Report on CMB
CMC Metals Price Performance
Insider Transactions at CMC Metals
In other news, Director Kevin John Brewer acquired 2,500,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average price of C$0.03 per share, with a total value of C$62,500.00. Company insiders own 5.86% of the company’s stock.
About CMC Metals
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 claims covering an area of 2,017 hectares located in south-central Yukon.
Featured Articles
- Five stocks we like better than CMC Metals
- Insider Trading – What You Need to Know
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- 3 Best Fintech Stocks for a Portfolio Boost
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for CMC Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CMC Metals and related companies with MarketBeat.com's FREE daily email newsletter.