iMetal Resources (CVE:IMR) Sets New 52-Week High at $0.51

iMetal Resources Inc. (CVE:IMR)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.51 and last traded at C$0.51, with a volume of 19354 shares. The stock had previously closed at C$0.33.

iMetal Resources Stock Down 21.6 %

The company has a debt-to-equity ratio of 0.15, a current ratio of 0.50 and a quick ratio of 7.79. The firm’s 50-day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.16. The company has a market capitalization of C$2.24 million, a price-to-earnings ratio of -0.80 and a beta of 1.73.

iMetal Resources (CVE:IMR) last issued its earnings results on Friday, January 26th. The company reported C($0.01) earnings per share for the quarter.

About iMetal Resources

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.