Shares of Cymat Technologies Ltd. (CVE:CYM) rose 17.9% during mid-day trading on Tuesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 142,500 shares traded hands during mid-day trading, an increase of 708% from the average daily volume of 17,635 shares. The stock had previously closed at C$0.20.
The company has a market cap of $7.37 million and a price-to-earnings ratio of -9.03.
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Cymat Technologies Company Profile (CVE:CYM)
Cymat Technologies Ltd., a materials technology company, manufactures and sells stabilized aluminum foam products worldwide. The company offers 3-D and low pressure casting products for use in defense and military, automotive, and other applications. It also provides architectural materials under the Alusion brand name; and automotive and blast mitigation products under the SmartMetal brand name.
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