IBC Advanced Alloys (CVE:IB) Stock Price Up 28.6% – Still a Buy?

Shares of IBC Advanced Alloys Corp. (CVE:IBGet Free Report) traded up 28.6% on Monday . The company traded as high as C$0.09 and last traded at C$0.09. 381,855 shares were traded during mid-day trading, an increase of 560% from the average session volume of 57,841 shares. The stock had previously closed at C$0.07.

IBC Advanced Alloys Price Performance

The firm’s fifty day moving average price is C$0.09 and its 200 day moving average price is C$0.08. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 343.32. The firm has a market capitalization of C$7.18 million, a PE ratio of 4.75 and a beta of 1.16.

IBC Advanced Alloys Company Profile

(Get Free Report)

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.

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