CMC Metals (CVE:CMB) Stock Price Down 25% – Here’s Why

Posted by Chris Copeland on Feb 3rd, 2025

CMC Metals Ltd. (CVE:CMB – Get Free Report)’s stock price fell 25% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 124,424 shares were traded during mid-day trading, an increase of 9% from the average session volume of 114,534 shares. The stock had previously closed at C$0.02.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.12 target price on shares of CMC Metals and gave the company a “buy” rating in a research note on Monday, January 6th.

View Our Latest Stock Analysis on CMC Metals

CMC Metals Trading Down 25.0 %

The firm has a market capitalization of C$2.37 million, a price-to-earnings ratio of -1.50 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’s 50-day moving average is C$0.02 and its 200 day moving average is C$0.02.

Insider Transactions at CMC Metals

In other news, Director Kevin John Brewer purchased 2,500,000 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was acquired at an average cost of C$0.03 per share, for a total transaction of C$62,500.00. Insiders own 5.86% of the company’s stock.

CMC Metals Company Profile

(Get Free Report)

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.