CMC Metals (CVE:CMB) Sets New 1-Year Low – Here’s Why

CMC Metals Ltd. (CVE:CMBGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 880723 shares changing hands. The stock had previously closed at C$0.03.

CMC Metals Stock Performance

The stock has a market capitalization of C$3.15 million, a price-to-earnings ratio of -2.00 and a beta of 0.99. The company has a current ratio of 2.50, a quick ratio of 2.80 and a debt-to-equity ratio of 8.84. The firm has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.03.

CMC Metals Company Profile

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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.

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