CMC Metals (CVE:CMB) Hits New 1-Year Low – Here’s What Happened

CMC Metals Ltd. (CVE:CMBGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 217932 shares. The stock had previously closed at C$0.03.

CMC Metals Price Performance

The company has a quick ratio of 2.80, a current ratio of 2.50 and a debt-to-equity ratio of 8.84. The company has a market capitalization of C$3.63 million, a price-to-earnings ratio of -2.50 and a beta of 0.99. The stock’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03.

About CMC Metals

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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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