Shares of Armor Minerals Inc. (CVE:A – Get Free Report) dropped 7.2% during mid-day trading on Wednesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 6,785 shares. The stock had previously closed at C$0.49.
Armor Minerals Trading Down 7.2%
The stock has a fifty day simple moving average of C$0.45 and a 200 day simple moving average of C$0.45. The company has a debt-to-equity ratio of 18.07, a quick ratio of 26.58 and a current ratio of 26.60. The firm has a market cap of C$34.48 million and a P/E ratio of -450.00.
About Armor Minerals
Armor Minerals Inc engages in the acquisition and exploration of mineral properties in Canada. The company was formerly known as Rio Cristal Resources Corporation and changed its name to Armor Minerals Inc in May 2015. Armor Minerals Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.
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