IBC Advanced Alloys (CVE:IB) Shares Down 16.3% – Should You Sell?

IBC Advanced Alloys Corp. (CVE:IB)’s stock price traded down 16.3% on Monday . The company traded as low as C$0.18 and last traded at C$0.18. 29,400 shares traded hands during trading, a decline of 15% from the average session volume of 34,445 shares. The stock had previously closed at C$0.22.

IBC Advanced Alloys Stock Performance

The company has a market capitalization of C$18.88 million, a P/E ratio of -5.50 and a beta of 2.37. The company has a debt-to-equity ratio of 343.32, a quick ratio of 0.18 and a current ratio of 0.81. The business’s fifty day simple moving average is C$0.20 and its 200-day simple moving average is C$0.14.

IBC Advanced Alloys Company Profile

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.