CMC Metals (CVE:CMB) Trading Down 25% – What’s Next?

CMC Metals Ltd. (CVE:CMB) traded down 25% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 182,000 shares were traded during mid-day trading, a decline of 28% from the average session volume of 252,754 shares. The stock had previously closed at C$0.02.

CMC Metals Trading Down 25.0 %

The company has a quick ratio of 2.80, a current ratio of 2.50 and a debt-to-equity ratio of 8.84. The company has a market cap of C$2.37 million, a P/E ratio of -1.50 and a beta of 0.99. The business has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

Insider Buying and Selling

In other CMC Metals news, Director Kevin John Brewer bought 2,500,000 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was bought at an average price of C$0.03 per share, for a total transaction of C$62,500.00. Corporate insiders own 5.86% of the company’s stock.

CMC Metals Company Profile

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.