Shares of IBC Advanced Alloys Corp (OTCMKTS:IAALF) traded up 5.2% on Thursday . The stock traded as high as $0.15 and last traded at $0.14, 11,620 shares traded hands during mid-day trading. A decline of 72% from the average session volume of 41,262 shares. The stock had previously closed at $0.13.
The company has a quick ratio of 0.39, a current ratio of 0.98 and a debt-to-equity ratio of 0.34. The company has a 50 day simple moving average of $0.11 and a two-hundred day simple moving average of $0.12.
IBC Advanced Alloys (OTCMKTS:IAALF) last posted its quarterly earnings results on Monday, October 28th. The company reported ($0.04) earnings per share for the quarter. IBC Advanced Alloys had a negative return on equity of 85.46% and a negative net margin of 25.64%. The business had revenue of $4.87 million during the quarter.
IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in North America, Europe, and Asia. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, including beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, bars, and rings, as well as specialty copper alloy forgings for industrial welding, oil and gas, plastic mold, metal melting, marine defense, electronic, and industrial equipment markets.
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