I Minerals (CVE:IMA) Hits New 52-Week Low at $0.05

I Minerals Inc (CVE:IMA)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 6500 shares changing hands. The stock had previously closed at C$0.06.

The business’s 50 day simple moving average is C$0.07. The stock has a market capitalization of $4.63 million and a P/E ratio of -1.22.

About I Minerals (CVE:IMA)

I-Minerals Inc engages in the development of mineral properties in the United States. It develops potassium-feldspar, quartz, halloysite, and kaolin and metakaolin deposits. The company holds a 100% interest in the Helmer-Bovill property comprising 11 mineral leases that covers an area of 5,140.64 acres located in northwest of Bovill, Latah County, Idaho.

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