IBC Advanced Alloys (CVE:IB) Hits New 52-Week Low at $0.15

IBC Advanced Alloys Corp (CVE:IB) shares reached a new 52-week low on Friday . The company traded as low as C$0.15 and last traded at C$0.15, with a volume of 7626 shares. The stock had previously closed at C$0.16.

The company has a quick ratio of 0.35, a current ratio of 0.99 and a debt-to-equity ratio of 111.30. The stock has a 50 day moving average of C$0.18. The firm has a market capitalization of $5.83 million and a price-to-earnings ratio of -2.34.

IBC Advanced Alloys (CVE:IB) last released its earnings results on Wednesday, May 29th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$6.92 million for the quarter. Research analysts anticipate that IBC Advanced Alloys Corp will post -0.04 earnings per share for the current year.

IBC Advanced Alloys Company Profile (CVE:IB)

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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