Armor Minerals (CVE:A) Shares Down 7.2% – Should You Sell?

Armor Minerals Inc. (CVE:AGet Free Report)’s stock price dropped 7.2% during mid-day trading on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.45. Approximately 2,002 shares changed 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 business’s 50 day moving average price is C$0.45 and its 200-day moving average price is C$0.45. The company has a current ratio of 26.60, a quick ratio of 26.58 and a debt-to-equity ratio of 18.07. The company has a market cap of C$34.48 million and a price-to-earnings ratio of -450.00.

About Armor Minerals

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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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