iMetal Resources (CVE:IMR) Stock Price Down 16.7% – Time to Sell?

iMetal Resources Inc. (CVE:IMR)’s stock price fell 16.7% during trading on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 10,000 shares traded hands during trading, a decline of 15% from the average session volume of 11,786 shares. The stock had previously closed at C$0.24.

iMetal Resources Trading Down 16.7 %

The stock has a market cap of C$1.12 million, a PE ratio of -0.47 and a beta of 1.59. The company has a quick ratio of 7.79, a current ratio of 0.13 and a debt-to-equity ratio of 0.15. The stock’s fifty day moving average price is C$0.22 and its 200 day moving average price is C$0.29.

iMetal Resources (CVE:IMR) last issued its earnings results on Friday, September 27th. The company reported C($0.03) EPS for the quarter.

iMetal Resources Company Profile

iMetal Resources Inc, a junior exploration company, focuses on the acquisition, exploration, development, and evaluation of resource properties in Ontario and Quebec in Canada. The company explores for precious and base metal resources. Its flagship property is the Gowganda West project covering an area of approximately 147 squares kilometers located in Ontario; Kerrs Gold property covering an area of 665 hectares located in Ontario; and Ghost Mountain property consists of eleven claim units covering an area of 220 hectares located in Ontario.